----- Original Message ----- 
From: "Erik Reuter" <[EMAIL PROTECTED]>
To: "Killer Bs Discussion" <[EMAIL PROTECTED]>
Sent: Sunday, September 21, 2003 9:21 PM
Subject: Re: Equal rights opportunity or numbers?


> On Sun, Sep 21, 2003 at 09:05:09PM -0500, Dan Minette wrote:
>
> > To me, it is obvious that the company decided to get rid of its oldest
> > engineers.  The pension liability they would have if they allowed
> > these workers to work till they were 65 was the most likely reason
> > for this action.  Another thought was that older engineers were not
> > talented enough because they were old.
>
> Do you think it would have happened on a 401(k) type plan instead of
> pensions?

That's a good question, but I don't know the answer for this particular
instance. The second reason, the idea that an old engineer is a bad
engineer, might have been enough...or it might not.

 I think that the 401(k) or SAP plan fits today's workplace a lot better
than the old fashioned pensions did.  The pensions were a good fit for the
old way when long term employment was encouraged and productive workers
were kept on if at all possible.

Dan M.


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