38Chevy454
Thinks s/he gets paid by the post
Looks like my employer has worked out so I can go to part-time employee status of 3 days/week. I actually like this, since I keep all of my benefits at the same co-pay costs as full-time, which was my goal. I will earn vacation and sick time at the proportional 60% rate I am working, but having 4 day weekends every week I won't need as much vacation time.
If anyone recalls, I was the one who put on my work performance goals at the beginning of the year "Convert to part-time or retire in June". It was not intended as a threat to my mgr, but it seems to have helped get the ball rolling and the slow megacorp wheels grind through the process. They really need my help and knowledge, and part of me is better than none of me for their perspective. So it is kind of a compromise, I get the extra time off work that is more valuable to me than the extra money, and work gets to still utilize my capabilities. I also maintain my salary at current rate, proportional to 60% time of course, but that is much better than anything I could ever get part-time at a different place.
The main benefit from my perspective is being able to keep the good health insurance I have for another 1-1.5 years; at which time I plan to fully retire. Staying on current insurance saves approx $10K/year in cost avoidance. I will be 54 at that point 1.5 years from now, so the ability to start this transition seems a good way to end my career. Also gives me another 1.5 years of investment growth before starting into withdrawal mode.
Here is where perspective comes into play - I will refer to my status as part-time ER'd, instead of being part-time OMY. Exact start date for the part-time is still being worked out, probably within 2-3 weeks. I have no absolute have to stop full-time date, so I can be flexible with the administrative BS it takes to make it happen. I look forward to the extra time off. I am grateful the part-time is able to work out.
If anyone recalls, I was the one who put on my work performance goals at the beginning of the year "Convert to part-time or retire in June". It was not intended as a threat to my mgr, but it seems to have helped get the ball rolling and the slow megacorp wheels grind through the process. They really need my help and knowledge, and part of me is better than none of me for their perspective. So it is kind of a compromise, I get the extra time off work that is more valuable to me than the extra money, and work gets to still utilize my capabilities. I also maintain my salary at current rate, proportional to 60% time of course, but that is much better than anything I could ever get part-time at a different place.
The main benefit from my perspective is being able to keep the good health insurance I have for another 1-1.5 years; at which time I plan to fully retire. Staying on current insurance saves approx $10K/year in cost avoidance. I will be 54 at that point 1.5 years from now, so the ability to start this transition seems a good way to end my career. Also gives me another 1.5 years of investment growth before starting into withdrawal mode.
Here is where perspective comes into play - I will refer to my status as part-time ER'd, instead of being part-time OMY. Exact start date for the part-time is still being worked out, probably within 2-3 weeks. I have no absolute have to stop full-time date, so I can be flexible with the administrative BS it takes to make it happen. I look forward to the extra time off. I am grateful the part-time is able to work out.