txtig
Full time employment: Posting here.
I just got a letter today from my Megacorp. They gave notice that effective January 1, 2021, they are terminating their Medicare Supplement Plan for all retirees. They have been paying a maximum of $2100 each per year for the retiree and his/her spouse for Medigap and Part D plans. I guess I always knew that they could do this if they wanted, but I thought they were a quality company who wouldn’t do that to its retirees. I guess I was wrong about that.
It will be a $4200 annual hit to my budget once DW turns 65 in two years (I’ve been on Medicare for one year now). I can’t tell you how bummed I am.
I’m really glad now that I elected to take my pension as a lump sum rather than an annuity. You really can’t count on a corporation to uphold its promises to you.
It will be a $4200 annual hit to my budget once DW turns 65 in two years (I’ve been on Medicare for one year now). I can’t tell you how bummed I am.
I’m really glad now that I elected to take my pension as a lump sum rather than an annuity. You really can’t count on a corporation to uphold its promises to you.