Sears ends retirees' life insurance benefits

[WinoBlues]

WinoBlues said:

Start wedging out the HR people.

I used to be a "HR" person!

Perfect. Then you have a perfect in. HR knows HR and all things HR, you are an insurance agent. You are the insurance specialist. HR is a great resource for information, while employed there, the agent knows insurance and is not employed by the company.

 

[rousemark]

DayTimer said:

Ask them how much they got, and then tell I'll be giving them a call to get straightened out.

This is a great way to get the "boot" from HR. ...

WinoBlues said:

Start wedging out the HR people.

I used to be a "HR" person!

Well, did you ever get a wedgie?

 

[goillini52]

Sears ends retirees' life insurance benefits

The life insurance benefits were canceled March 15, though some retirees didn’t receive letters notifying them of the change until after that date, said Ron Olbrysh, chairman of the National Association of Retired Sears Employees.

Retirees can convert all or part of their group life insurance policies to individual whole life policies and pay the premiums, according to the letter sent to retirees.

Sears had already sacrificed popular employee perks amid longstanding financial struggles, including significant cuts to life insurance coverage in 1997. But the company still covered life insurance policies worth at least $5,000 for eligible retirees, according to Olbrysh, who said the average policy ranged from $8,000 to $10,000.

What a shame. Sears and Kmart were 2 of the largest retailers when I was growing up. Hell, at one time you could order a house from the Sears's Catalog.

 

[DayTimer]

Well, did you ever get a wedgie?

@goillini52 has not been a good influence on you, rouse lol

 

[KOC Agent]

What a shame. Sears and Kmart were 2 of the largest retailers when I was growing up. Hell, at one time you could order a house from the Sears's Catalog.

There is at least one of their kit homes on my street.

 

[Northeast Agent]

DayTimer said:

@goillini52 has not been a good influence on you, rouse lol.

DayTimer, I think you're joining the short list of "jaded" agents with just these two ahead of you.

 

[goillini52]

There is at least one of their kit homes on my street.

There's one about 5 blocks from me and I drive by it several times a day. Beautiful. Even has a coach house garage.

 

[goillini52]

DayTimer said:

@goillini52 has not been a good influence on you, rouse lol.

DayTimer, I think you're joining the short list of "jaded" agents with just these two ahead of you.

Are you suggesting that me and Rouse are "grumpy old men"?

 

[rousemark]

Are you suggesting that me and Rouse are "grumpy old men"?

Not me... I am just a "sweet little" old man..

 

[Life Hawk]

Not me... I am just a "sweet little" old man..