I am looking for some advice re: my situation at work. I work for an old mid-sized insurance company . I have worked here for 29 years at various levels, but am currently work in IT.
I have always gotten very good yearly reviews but lately I feel I am in over my head and may get some bad reviews.
The issue is that our DB plan allows for a payout at 55 that would represent about 50% of salary. I have 23 months until I turn 55.
If I get let go prior to 55 I would only get 25% of my salary.
My question is, if I were to get fired would it make sense to contact legal counsel? I know my job is an "at will" job, but it would seem unfair to fire someone just prior to the major jump in retirement benefits.
Any thoughts or advice would be helpful. I struggle with this every day and it is really stressing me out. I know I am lucky to have a DB plan at all, but the thought of losing half of it, while so close, is distressing.
Thanks.
I have always gotten very good yearly reviews but lately I feel I am in over my head and may get some bad reviews.
The issue is that our DB plan allows for a payout at 55 that would represent about 50% of salary. I have 23 months until I turn 55.
If I get let go prior to 55 I would only get 25% of my salary.
My question is, if I were to get fired would it make sense to contact legal counsel? I know my job is an "at will" job, but it would seem unfair to fire someone just prior to the major jump in retirement benefits.
Any thoughts or advice would be helpful. I struggle with this every day and it is really stressing me out. I know I am lucky to have a DB plan at all, but the thought of losing half of it, while so close, is distressing.
Thanks.