middle_age_man
Mostly Harmless   SSHOLE |
Posts: 427 Registered: 1/11/2005 Offline
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3/23/2006 at 01:37 |
Would you leave your job for a 140k? I wouldn't. Not enough time and money into the union pension plan.
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" Honesty may be the best policy, but it's important to remember that apparently, by elimination, dishonesty is the second-best policy."
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government_death_robot
DARTH MENSES  Posts: 943 Registered: 4/23/2004 Offline
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3/23/2006 at 01:55 |
What's a 140k?
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HOBO
* b0bo has quit IRC ('Exit')  SSHOLEPosts: 1144 Registered: 3/19/2002 Offline
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3/23/2006 at 01:57 |
140K? adios old job.
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middle_age_man
Mostly Harmless SSHOLEPosts: 427 Registered: 1/11/2005 Offline
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3/23/2006 at 01:59 |
government_death_robot: What's a 140k?
One hundred fourty thousand dollars.
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" Honesty may be the best policy, but it's important to remember that apparently, by elimination, dishonesty is the second-best policy."
George Carlin |
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government_death_robot
DARTH MENSES Posts: 943 Registered: 4/23/2004 Offline
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3/23/2006 at 02:03 |
middle_age_man: government_death_robot: What's a 140k?
One hundred fourty thousand dollars.
I thought it was like a generic 401k.
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Mofo
dont give a shit  SSHOLEPosts: 439 Registered: 2/8/2004 Offline
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3/23/2006 at 02:04 |
Depends if you can get another job after the money runs out.
Because 140K can buy a lot of booze and drugs. |
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jwalker
Token Discordian  SSHOLEPosts: 958 Registered: 8/6/2005 Offline
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3/23/2006 at 02:53 |
hell, I made twice that last year.
(not)
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SexNinja
the illest nigga  SSHOLEPosts: 1537 Registered: 10/28/2007 Offline
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3/23/2006 at 03:15 |
Probably. And I'm not just saying that because I have a shit job.
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magicchex
Fuckin' your bitches and stealin' your cars since 1985.  SSHOLEPosts: 513 Registered: 1/5/2005 Offline
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3/23/2006 at 03:49 |
Except GM would force you to give up your heath care plan to get that amount. Is it worth 140k to retire without health care?
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Clavis_Apocalypticae
Beautiful Puppet of Chaos  SSHOLEPosts: 780 Registered: 5/16/2004 Offline
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3/23/2006 at 04:30 |
Would you leave your job for a 140k?
Not a chance.
On 2006-03-22 at 22:31:28, Clavis_Apocalypticae enjoyed furrysex
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Senor_Smoke
SENATOR BABYHEAD  Posts: 325 Registered: 9/9/2004 Offline
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3/23/2006 at 04:40 |
WTF is work?
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Acidburn
I am El Chupacabra  SSHOLEPosts: 804 Registered: 8/1/2004 Offline
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3/23/2006 at 04:50 |
140k might get you 2 years if your lucky. Very tempting but no.
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Stump
SENATOR BABYHEAD  Posts: 310 Registered: 6/18/2002 Offline
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3/23/2006 at 13:55 |
With large friends and some prudent loan sharking 140k could take you far. As I still haven't found work yet I'd have to say yes in a heartbeat.
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mundhra
dread pirate neckbeard  SSHOLEPosts: 1671 Registered: 3/25/2002 Offline
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3/23/2006 at 14:12 |
if you're on-track to a decent pension, probably not. then again, there's the possibility that pensions will be reduced like the airline pilot pensions (one and two).
honestly, i'd probably try to line something up and take it. getting another job and having 140k to bank would be nice.
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freakmachine
Web Fucko Extraordinaire  SSHOLEPosts: 592 Registered: 4/15/2004 Offline
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3/23/2006 at 14:31 |
What are the conditions of the offer? 140k one time and I must never work again?
In that case, no. I could only make that last five or six years at most. I am not sure how much longer it would last even if I invest it well.
If I would be allowed under the conditions to get another job, then maybe, but I have a pretty solid state retirement fund I won't have enough time in for a while. If the retirement fund goes belly up, which it could do, then probably I would take the 140k and spend it all on whores in vegas. |
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vasudeva
Bad Taste in your Mouth  SSHOLEPosts: 4540 Registered: 3/8/2002 Offline
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3/23/2006 at 14:35 |
mundhra: and take it. getting another job and having 140k to bank would be nice.
Ditto. Unless the job market were the absolute shitballs it was a few years ago. That's at least two years' pay for most of us, presumably untaxed. This means you could live like you do now, with the leisure of finding an awesome job, for 3-6 months, and still have a very decent nest-egg already.
(My job now spends most of its time sucking the soul out of me, I've got enough in my 401k that I could take it with me to New Job, and there is no pension.)
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autoshoes
SIR BABYHEAD  Posts: 71 Registered: 6/24/2002 Offline
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3/23/2006 at 15:12 |
sure, i'd do it. that's closer to 3 yrs pay to me, and i could use that time off to focus on a new career of what i'd really rather be doing, rather than just working to pay the bills. I'd try doing art full time, and/or purchase/start a business and make that mad cash work for me in the long run. screw pensions & shit. you never know if they'll be there later anyway. thats a good chunk of cash that has potential written all over it.
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mundhra
dread pirate neckbeard SSHOLEPosts: 1671 Registered: 3/25/2002 Offline
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3/23/2006 at 18:23 |
freakmachine: What are the conditions of the offer? 140k one time and I must never work again?
from here, the buyout only seems to affect medical benefits...
more here: For workers who are not eligible for early retirement, GM is offering a buyout plan with a lump sum payment of between $70,000 and $140,000, depending on how long an employee has worked for the No. 1 automaker.
basically they're getting people to retire early (26 years of work vs the normal 30) and give up their healthcare. if they're not eligible for retirement, they get the buyout price and the same.
vas: i'm assuming it would be taxed. (My job now spends most of its time sucking the soul out of me, I've got enough in my 401k that I could take it with me to New Job, and there is no pension.) DITTO'D.
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freakmachine
Web Fucko Extraordinaire SSHOLEPosts: 592 Registered: 4/15/2004 Offline
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3/23/2006 at 19:35 |
I see, a real scenario not hypothetical.
Tempting. Hard question. Take the $ or risk loosing your job later maybe, and still loosing your medical and built up pension is how I read that. Makes it hard to refuse.
I would probably take the loot and invest it, and find another job. Or maybe take time to learn a new career, or travel, or who knows. |
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fl_projekt
I AM TEH FUKING FISHPUNCHAR. I WILL RAPE YOUR WOMEN AND CHILDREN AND PETS.  SSHOLEPosts: 449 Registered: 8/8/2003 Offline
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3/23/2006 at 20:54 |
Take the money and move to Canada, 140k american is like 4.2mil canadian dollars, and the healthcare is subsidised
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acheron
Cynical_Malcontent  SSHOLEPosts: 562 Registered: 4/29/2004 Offline
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3/23/2006 at 21:03 |
I think I'm leaving it anyway, but if you want to give me 140k I won't complain
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