Fritz Guenther, a BP employee and United Steelworkers Union member working in Alaska, who has worked for BP for 35 years, said he and his colleagues are "currently fighting to get back the pension plans that BP promised us in writing in 1989."Probably all Emeril's fault, though.
"We were openly lied to by BP managers and HR people that when we were converted to the "new" plan that it would be as good or better than the existing and industry competitive plan," Guenther told Truthout. "Now that many of us are reaching retirement age, we are finding out that we have less than 50 percent of what we would have had if BP's promise was true or if we had remained in the old plan."
Wednesday, January 22, 2014
Maybe the magic microbes ate it
BP can't even make good on commitments to their own employees' pensions.