But whats the long-serving (20+yrs.) retired employees fault, my parent has been retired for more than ten years, cutting off benefits suddenly without even a warning would harm them.
As I said before the company needs to seriously review the current unjust scheme and consider G.10, 11, and 12 benefits again, because as you know there this huge gap between g.11 and g.12 benefits, which i think is unjustifiable.
thanks
This is not the GF of the last century that you are familiar with.
The modern ME company is concerned with employe benefits only to the extent imposed by its government (this is now the case for any company worldwide).
The only serious reviews that are probably going on is to see how they can reduce the current benefits. As the locals are probably immune to any changes, the only remaining targets are their expats, but this is difficult to do if they still need to hire them.
The easiest target is the ex expats who serve no usefull purpose for GF anymore.