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View Full Version : Ball corp pension buyout of plainfield plant employees


cyndon
Sep 19, 2013, 12:55 AM
When the plant closed I was 40 yrs. Old and had 20 yrs.at the plant. My buyout was less than 10 grand. At the time I was told the low amount was due to my young age. I thought it was just a company getting by cheap. I recently talked to other former employees because we are all nearing retirement age. They were shocked at the low amount of my buyout. These people are the same age as me and had the same amount of time at the plant as me. One said they got "significantly more" than 10 g's. Another said they got 10's of thousands more than I did. How do I find out if there was a mistake made, or how the amounts where calculated? Any help would be greatly appreciated. Thank you much : Don

ScottGem
Sep 19, 2013, 05:49 AM
You have to go back to the company and ask that you be shown how your benefit was calculated. At the time you should have gotten a statement that showed how it was calculated.