Retirement Benefit Withered in Run Up to Sellout

StrangeTony,

It's good you retired when you could afford to do so.  I'm sure Generic Hospice misses you.  We've been under Kindred for three long years and the retirement benefit decreased every year.  

I was excited at first with Kindred's core value, "Take care of our people."  Then I realized there was a Chief People Officer and the company takes good care of him and the executive team.  The employees at our hospice site, not so much.

One way to judge a society is the way they care for children and the elderly.  Kindred makes no bones about how little it does for its employees retirement.   

Spurred by corporate savings from GOP tax reform — as well as a desire to move the needle on retirement readiness — companies are beefing up retirement efforts by increasing contributions to employee retirement accounts with 32% of the S&P 500 companies surveyed plan to enhance retirement programs by improving 401(k) matching terms or making discretionary contributions to pension programs.

Kindred will file its executive compensation for 2017 with the Securities and Exchange Commission next week.  It will be interesting to review their pay for selling us out to Humana and two financial rapscallions. 

Retirement down by 50% since 2015.  Will executive pay be up?  That would be twisted.

Anonymous (from the marionette level and tired of being yanked)