Regis
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Post by Regis on Aug 26, 2019 16:46:59 GMT -5
With Andrew Luck retiring at age 29 from the Colts this weekend, it made me start thinking about how I'd announce my retirement. I jokingly said to someone here at work that I was going to send a message on Slack that I was retired and walk out the door so they could boo me as I left. Or maybe have Adam Schefter "break" the news on Twitter.
So how are you going to do it? And how much advanced notice are you giving?
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weltschmerz
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Post by weltschmerz on Aug 26, 2019 16:53:04 GMT -5
With Andrew Luck retiring at age 29 from the Colts this weekend, it made me start thinking about how I'd announce my retirement. I jokingly said to someone here at work that I was going to send a message on Slack that I was retired and walk out the door so they could boo me as I left. Or maybe have Adam Schefter "break" the news on Twitter. So how are you going to do it? And how much advanced notice are you giving? About two months before turning 65, I went to Human Resources and said "I'm retiring".
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Tennesseer
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Post by Tennesseer on Aug 26, 2019 16:55:13 GMT -5
I am retired. I retired through an employee buyout program. Signed the documents and that was it.
But if I were still working and planning to retire soon, I would give them at least several months notice of your planned retirement date. That gives you and your employer time to wrap up any projects you are working on and for your boss to get someone in place to take over your duties.
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Deleted
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Post by Deleted on Aug 26, 2019 17:03:14 GMT -5
Mine was a different profession (teaching). I let them know unofficially in March. I turned in my letter of resignation in April. I retired as of June 1. You had to observe certain deadlines.
Keep the gap relatively short if you can. People aren't really interested in your opinions once you make the announcement.
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Gardening Grandma
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Post by Gardening Grandma on Aug 26, 2019 17:06:30 GMT -5
I filled out the papers and submitted them. Did not make an announcement. No one was surprised.
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TheOtherMe
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Post by TheOtherMe on Aug 26, 2019 17:35:29 GMT -5
I'm retired. I, too, was offered a deal too good for me to refuse. I signed the paperwork and turned it in. I did work until the last possible day we were allowed to work.
We were given several months to make a decision and there were several meetings to discuss options before the papers were even offered so I could sign. I knew I was going the minute the offer was announced.
I'm not a public figure so nobody cared except my co-workers and employer.
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Tennesseer
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Post by Tennesseer on Aug 26, 2019 17:46:12 GMT -5
I'm retired. I, too, was offered a deal too good for me to refuse. I signed the paperwork and turned it in. I did work until the last possible day we were allowed to work. We were given several months to make a decision and there were several meetings to discuss options before the papers were even offered so I could sign. I knew I was going the minute the offer was announced. I'm not a public figure so nobody cared except my co-workers and employer. Reads like we might have worked for the same company. Those in my company who were eligible through the buyout to retire and immediately begin taking their pension were gone the following month after notified the were good to go. Those who took the cash buyout instead were gone no later than three months after approval. A few of us voluntarily worked until the end of the fiscal year working on divisional special projects. So my last day was May 31.
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NastyWoman
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Post by NastyWoman on Aug 26, 2019 17:46:33 GMT -5
I have a yellow sticky note on the wall behind me. I was going to give them 2 months when the time comes. But every time they really tick me off, I put a tick mark on that little sticky note and subtract a day. They have 3 days warning left. So depending on whether I am in a good mood or not when the time comes (sometime in the next two years) I may give them 2 months or 3 days → if they don't lose those 3 days as well...
Since I am a department on my own, me walking out would be difficult for them so it really has to be bad for me to do so but my little note keeps it all in perspective
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Apple
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Post by Apple on Aug 26, 2019 17:54:12 GMT -5
My boss and coworkers already know I plan to leave on my "minimum retirement age" date (just over 17 years away), unless I can figure out a way to go earlier and not lose benefits/get penalized (these offers come out on occasion). I'm sure there are a few who will still be surprised if I do it though.
Paperwork takes forever and there are so many steps to make sure they do things correctly, so I'll probably just let my boss know "I'm setting an appointment with x" about a year ahead of time, and then give him the notice that it all went through as soon as I found out. I may or may not get replaced right away (you can't fill in a position until the position is empty), but people come and go from this position fairly suddenly anyway, and no one misses a beat. In fact, the longer it takes the boss to fill it, the better, because we all like working the overtime required to cover someone's shift. I'll probably use up some sick and vacation time toward the end to help facilitate that, then just show up my last day to turn in my keys.
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Bonny
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Post by Bonny on Aug 26, 2019 18:00:01 GMT -5
I am retired. I retired through an employee buyout program. Signed the documents and that was it. But if I were still working and planning to retire soon, I would give them at least several months notice of your planned retirement date. That gives you and your employer time to wrap up any projects you are working on and for your boss to get someone in place to take over your duties. My husband was kind and gave his employer 6 months notice. It turned out to be a bad choice. They reorganized around him and his position was demoted two levels. It left him nearly powerless with getting his remaining projects completed and he stopped getting new assignments.
While his salary remained the same it was demoralizing. When he asked HR why they couldn't wait until he was gone he was told that they didn't think he would mind.
Not a great way to cap off working 25 years for the same employer.
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Anne_in_VA
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Post by Anne_in_VA on Aug 26, 2019 18:23:42 GMT -5
I’m retired and gave my manager 6 months notice as I have a niche skill set and there is no one else in the company who did what I was doing. Between the time I gave notice, my manager was let go, the department went from 5 people to 3 and was reassigned to a different department (procurement to HR). They never did replace me, but I trained my coworkers in how to do my job, so there wasn’t an abrupt end and the work could continue.
I found out recently that the new manager was also let go. There used to be a lot of employees that worked from home, but I’ve heard the company is now requiring those employees to be in the office every day. I’m really glad I retired when I did.
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TheOtherMe
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Post by TheOtherMe on Aug 26, 2019 18:45:38 GMT -5
I'm retired. I, too, was offered a deal too good for me to refuse. I signed the paperwork and turned it in. I did work until the last possible day we were allowed to work. We were given several months to make a decision and there were several meetings to discuss options before the papers were even offered so I could sign. I knew I was going the minute the offer was announced. I'm not a public figure so nobody cared except my co-workers and employer. Reads like we might have worked for the same company. Those in my company who were eligible through the buyout to retire and immediately begin taking their pension were gone the following month after notified the were good to go. Those who took the cash buyout instead were gone no later than three months after approval. A few of us voluntarily worked until the end of the fiscal year working on divisional special projects. So my last day was May 31. Federal government
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dannylion
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Post by dannylion on Aug 26, 2019 19:02:12 GMT -5
I gave HR and management 6 months notice so there was time to attend the 2 retirement briefings my employer provided (with lots of very useful information about pension, TSP, insurance, etc.), and get all the retirement administrivia and checkout items accomplished without stress. I was in a role that would benefit from succession planning and having my replacement work with me for a few months, so there was time for that (though management dragged its feet and didn't select anyone until much later than they should have). Also, there was time for a retirement reception with speeches and presents and presentation of certificates and challenge coins, and, of course, I didn't want to miss any of that. There was cake.
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giramomma
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Post by giramomma on Aug 26, 2019 20:02:22 GMT -5
I'm public sector. The first step to retirement is to request certain paperwork a year out from when you think you want to retire. Then you work with HR to retire.
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Deleted
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Post by Deleted on Aug 26, 2019 21:54:47 GMT -5
Kinda depends on position. line workers put in two weeks, professional level 1-2 months, Managers 3 months, Director and above 6 months.
Technically everyone is at will and could put in zero notice whatsoever but if you’re higher level and give a solid notice it is totally worth it.
Usually Director level if they want to retire at the end of the year they put in their notice by July 1 the prior year since you have to be employed on 12/31 to get that years bonus. A lot of times the company has the role filled prior and kinda let’s the person retiring “consult” the last couple months to get to 12/31. Sometimes they don’t get the role filled and pay pretty well to have the person retiring consult a few more months.
This is just where I’m at now but at other places I’ve been there has been something similar.
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Tiny
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Post by Tiny on Aug 26, 2019 22:17:00 GMT -5
If for some bizarre twist of fate I wind up still working for my current employer when I'm 63 or 64 - I suppose I'll check the employee hand book first before talking to HR about my pension (which I can take at 65). And then work from there. My plan is to achieve financial independence some time between now and 59.5yo - so I will just be giving my employer the traditional 2 weeks notice. I will need to be sure to take some of the info/paperwork/what to do to collect my pension at 65. I had this conversation with a school teacher friend and she was appalled that I could just quit (even if I worked til 65) with no stress no mess. She had to submit a formal "Letter of Intent to Retire" 5 years before the date she actually anticipated retiring so she could be put on the "retirement track" and so the Union? or HR? or whoever could go over her paperwork to figure out exactly how much longer she needed to work and how much in raises she would get and all the particulars for the next 5 years. Also, she could have been denied the date she wanted for retirement (or something like that). I know she got bent out of shape and all stressed out because she wasn't going to have enough accrued time off to cover her final year of "employment"... She was short a few days - but I think the union wrangled some deal so she'll get a full years pay - but not have to go to work (basically a "school year worth of sick days") and THEN she will be officially retired and collecting her pension. (I don't see why if she was short 10 days or less - why she couldn't just "co-teach" or something for the first 10 days of school... the first few days of school (the kids don't do much) and then maybe hover around the teacher taking over for her - or be sidelined to take over/substitute teach (without it being called that) for a few days. Union rules are weird. (I think they made up a couple of days each school year for her (where she hovered around and did "work") since her Letter of Intent was accepted that would count as 'teaching' so she could accrue her fill year off with pay. ) Anyway, this is her last school year behind the teacher's desk.
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Tiny
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Post by Tiny on Aug 26, 2019 22:24:42 GMT -5
Is the athelete in theOP really retiring? Or is this some way to get something more out of a contract (or get out of a contract) and in a year or two he'll be back OR is he going to play in some other countries league? Did he get some offer to do stuff in management or the back office?
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Tennesseer
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Post by Tennesseer on Aug 26, 2019 22:52:27 GMT -5
Is the athelete in theOP really retiring? Or is this some way to get something more out of a contract (or get out of a contract) and in a year or two he'll be back OR is he going to play in some other countries league? Did he get some offer to do stuff in management or the back office? Retiring to maintain his health. I had heard today, not sure where,had he not retired he could have earned up to $500 million playing football.
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NoNamePerson
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Post by NoNamePerson on Aug 27, 2019 6:44:51 GMT -5
Is the athelete in theOP really retiring? Or is this some way to get something more out of a contract (or get out of a contract) and in a year or two he'll be back OR is he going to play in some other countries league? Did he get some offer to do stuff in management or the back office? No different than folks in other professions. Threaten to quit in hopes of being offered more money, etc. I've seen it advised on this board from time to time. Why not. Got to look out for oneself is the way I look at it.
Besides if the Colts decided to let him go they wouldn't give him any long term notice. Call you in and say we don't need you any longer. Clean out your locker. Never heard of pro athlete being giving 2,3,6,8 weeks notice much less 6 months notice before being shown the door?
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happyhoix
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Post by happyhoix on Aug 27, 2019 7:27:11 GMT -5
I'm retired. I, too, was offered a deal too good for me to refuse. I signed the paperwork and turned it in. I did work until the last possible day we were allowed to work. We were given several months to make a decision and there were several meetings to discuss options before the papers were even offered so I could sign. I knew I was going the minute the offer was announced. I'm not a public figure so nobody cared except my co-workers and employer. Our company does this periodically - offers 2 years of salary to leave early.
Disturbingly, they're replacing any FTE they can by outsourcing. They downsized a 12 department HR group to 3 people, and they outsourced recruitment, plus moved to on line everything else (payroll, vacation requests, etc). Outsourced our truck drivers. Got rid of the cafeteria and brought in vending machines. Working on outsourcing the computer tech staff. Rumor is they're going to outsource the trans department and maintenance next.
I'm not on the business end, so I'm not sure why outsourcing is appealing (I'm guessing because they don't have to pay benefits, and don't have to worry about filling in during vacations or FMLA events). There is a lot of knowledge they're sending out the door, though, knowledge that an outsourced person sitting 300 miles away doesn't have or care to have. Right now I have a computer help desk request that's been sitting in outsourcing hell for 3 days, and it took 3 months for our outsourced recruitment group to even start advertising for a position in our department. Not impressed so far.
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Regis
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Post by Regis on Aug 27, 2019 11:35:06 GMT -5
Is the athelete in theOP really retiring? Or is this some way to get something more out of a contract (or get out of a contract) and in a year or two he'll be back OR is he going to play in some other countries league? Did he get some offer to do stuff in management or the back office? Retiring to maintain his health. I had heard today, not sure where,had he not retired he could have earned up to $500 million playing football. He did earn over $100 million before he retired. I'm guessing he's not eating cat food when he gets older.
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souldoubt
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Post by souldoubt on Aug 27, 2019 11:54:55 GMT -5
Is the athelete in theOP really retiring? Or is this some way to get something more out of a contract (or get out of a contract) and in a year or two he'll be back OR is he going to play in some other countries league? Did he get some offer to do stuff in management or the back office? Andrew Luck has had multiple injuries during his 6 year career: Torn cartilage in two ribs Torn abdomen Lacerated kidney At least 1 concussion Torn labrum in his throwing shoulder Ankle/Calf injury that sidelined him a few weeks ago This has nothing to do with him getting more out of a contract. He did just fine between his contract/endorsement money and if I recall correctly his parents did well in life and there was no rush for him to leave college for the NFL. He could definitely come back some day and I think this was more of a mental issue as the injuries wore him down. If he wasn't all in then he absolutely made the right choice. Perhaps after a year off he'll change his mind and want to compete or decide to stay away from the game while he can still walk and prevent doing further damage to his body. As to the OP's question, warning NSFW language:
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Cookies Galore
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Post by Cookies Galore on Aug 27, 2019 12:19:06 GMT -5
Damn it, souldoubt took my response. The Half Baked quit is the only way to go.
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Deleted
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Post by Deleted on Aug 27, 2019 12:26:20 GMT -5
I have always fantasized about just saying, "You know what? Not today. I'm done." and packing up my stuff and leaving. I don't know if I'll do that or not, but there is no advantage for me to give notice.
My hope is someday they'll offer me a buyout. They do that occasionally when they're trying to trim the herd, but it's been a long time since we were in a cutting instead of desperately trying to get help mode, and I think they don't offer unless you're at least 62...so I still have a ways to go for that to be a potential option.
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NastyWoman
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Post by NastyWoman on Aug 27, 2019 13:16:01 GMT -5
I have always fantasized about just saying, "You know what? Not today. I'm done." and packing up my stuff and leaving. I don't know if I'll do that or not, but there is no advantage for me to give notice.
My hope is someday they'll offer me a buyout. They do that occasionally when they're trying to trim the herd, but it's been a long time since we were in a cutting instead of desperately trying to get help mode, and I think they don't offer unless you're at least 62...so I still have a ways to go for that to be a potential option.
♫ It gets easier, as we get older It gets easier to say "not today" And it gets easier, as we get older To say "go away and not today"♫
Brought to you directly by the man with the raspy voice himself: Willie Nelson (and he is old enough to know)
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Deleted
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Post by Deleted on Aug 27, 2019 14:43:45 GMT -5
Is the athelete in theOP really retiring? Or is this some way to get something more out of a contract (or get out of a contract) and in a year or two he'll be back OR is he going to play in some other countries league? Did he get some offer to do stuff in management or the back office? Andrew Luck has had multiple injuries during his 6 year career: Torn cartilage in two ribs Torn abdomen Lacerated kidney At least 1 concussion Torn labrum in his throwing shoulder Ankle/Calf injury that sidelined him a few weeks ago This has nothing to do with him getting more out of a contract. He did just fine between his contract/endorsement money and if I recall correctly his parents did well in life and there was no rush for him to leave college for the NFL. He could definitely come back some day and I think this was more of a mental issue as the injuries wore him down. If he wasn't all in then he absolutely made the right choice. Perhaps after a year off he'll change his mind and want to compete or decide to stay away from the game while he can still walk and prevent doing further damage to his body. As to the OP's question, warning NSFW language: Yup, I don't blame Luck one bit, walk away with tens of millions while you can walk away. The Colts brought this on themselves with giving him such a crappy line over the years, last year was the first year he wasn't getting absolutely pummeled. I think the odds of him coming back are very low, he will be like Barry Sanders and never look back.
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TheOtherMe
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Post by TheOtherMe on Aug 27, 2019 14:56:01 GMT -5
With CTE so prominent in many pro football players, I don't question a single one of them for retiring.
I actually question some of them for staying.
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Post by Deleted on Aug 27, 2019 15:02:46 GMT -5
With CTE so prominent in many pro football players, I don't question a single one of them for retiring. I actually question some of them for staying. It's really just a modern day gladiators and a lot of these guys have been playing since 7th grade or earlier, it isn't easy for a lot of them to hang it up until the decision is made for them. Luck is in the enviable position to have earned tens of millions over many years, most NFL players don't play near that long or make near that much. Not that I would have made the pros but I quit playing after my Sophomore year of HS because I was worried about a knee injury that would impact playing basketball, I took so much crap from my dad and gpa for quitting, HS football was everything where I grew up.
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TheOtherMe
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Post by TheOtherMe on Aug 27, 2019 15:06:07 GMT -5
In the state where I live, they are saying the number of kids who went out for football this fall is down.
I'm sure concussions and other injuries are a large part of it.
After watching the struggle my nephew had with 2 concussions in a short time period, I'd be leaving football if I was getting concussions. He made the decision to no longer play soccer at the recreational league level. It's not worth it.
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Post by Deleted on Aug 27, 2019 15:10:08 GMT -5
In the state where I live, they are saying the number of kids who went out for football this fall is down. I'm sure concussions and other injuries are a large part of it. After watching the struggle my nephew had with 2 concussions in a short time period, I'd be leaving football if I was getting concussions. He made the decision to no longer play soccer at the recreational league level. It's not worth it. It is down where I grew up as well. If I had a son I would strongly discourage them from playing football unless it was to be a Punter or Kicker, and I'm an NFL season ticket holder. The rules have already changed some and I think the game changes even more over the next 20 years to reduce injury or you will see even more kids going to other sports like Soccer and the NFL will lose popularity.
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