Do you know who is underwriting your long term disability insurance? If your company is self-insuring (which many large companies do), you are exposed to bankruptcy dangers. If your company declares bankruptcy while you are… Read More »Long Term Disability Insurance
Sometimes there is safety in numbers, but many times following the crowd is not as safe as you might think (ask BRE-X and Nortel investors).
These Nortel layoff reflections look back one year after job loss, covering severance, pension uncertainty, survivor’s guilt, and the uncomfortable realization that being laid off may have been a lucky escape.
In life, many times we do not have control of the events in our lives, and many times it is better to be lucky, to survive.
Pensions and severance discussions come together, usually when you get laid off from your employer (if you have a pension). Be careful in these discussions.
