Company Stiffs Former Employees by Excluding a COLA increase from Pension Plan - Recensione dipendente - Title Not Divulged presso Nationwide

1,0
10 set 2021
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

No pros I can think of.

Svantaggi

I have a number of pensions from various companies I worked for during my career. Unlike Social Security retirement and all other pension plans I am eligible for, Nationwide excluded any COLA benefit from its plan. How could a company expect a former employee to exist on a pension that was calculated when the employee retired, say 67 or 68, but could potentially be paid until the employee dies in his 90s? It certainly is cheap for a company not to give an annual cost of living increase on its pension plans unlike Social Security and the retirement plans of most employers. No wonder Nationwide charges one of the highest premiums for its insurance. It ought to be ashamed of its actions, or lack thereof. I am sure officers with the company don't have the same issue with their pension plans.

Esplora altre recensioni su Nationwide

5,0
4 feb 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Work environment was fun and great people

Svantaggi

Can be fast paced and busy

4,0
27 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Culture is great, it feels like working with family. I have a good work life balance.

Svantaggi

The pay could be a lot better as the world gets more expensive our pay should reflect that.

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