Weird Work Stuff

[livingdeb]

Two weird things are happening at work.

1) My boss's boss is coming to watch me do data entry Friday morning because he wants specific details on why so many of our processes are still manual so he can lobby for more money for my section from his boss's boss.

2) There's a meeting a week from Wednesday hosted by the local state employee union about a proposal that a state Senate committee is considering which involves turning our pension into a defined contribution plan. What would I do if my golden handcuffs turned brass? At least with the new brassy color, they'd have to let us take the company matching with us if we left, right?

Comments

[llcoolvad.livejournal.com]

#2 happened to our office. They called it "a better financial tool" -- of course they did, it's better for them! Because instead of fully being employer funded now it's 100% employee funded. Except when they feel like giving an optional contribution. Which has happened every year so far (once per year, large lump sum) but could potentially not happen at any time.

Employer matching? Maybe!

[livingdeb.livejournal.com]

Oh, that sucks.

And that sucks that they had the nerve to call it better. My credit union did that when they created three new checking accounts and did away with the old one. I (and probably hundreds of others) wrote to them explaining why none of the three new ones were even as good as the old one, so they reinstated it. Shocking, but true.

My mom had a thing where every time her company got bought out, the new company would raid the retirement accounts. I don't know how that's possible, and I may have misheard, but it's scary.

That's part of why I've been maxing my IRA for so many years and now I'm also contributing to a 403(b). But it's still not enough (yet).

Are you working for a public or private entity? Mine's public.