Like Vanguard, Prudential Financial to freeze some medical benefits; workers feel 'shocked and betrayed' [The Philadelphia Inquirer]

Pamela Faccone, a Newark- based employee for 31 years from 1987 and 2018, said she feels "shocked and betrayed." She counted on these so-called RMSA funds of $94,000 for healthcare premiums and medical expenses for the rest of her life. Based in Malvern, Pa., Vanguard initially cut the benefit entirely with one day's notice, but reversed the decision after an outcry...

Related Keywords

Chalfont ,Pennsylvania ,United States ,South Plainfield ,New Jersey ,Philadelphia ,Willow Grove ,Drexel University ,Newark ,Malvern ,Americans ,America ,Theresa Rossi ,Robert Field ,Mortimer Tim Buckley ,Pamela Faccone ,Ann Kavanaugh ,Tricia Neuman ,Henryj Kaiser Family Foundation ,Program On Medicare ,Tribune Content Agency ,Prudential Financial ,Employer Health Benefits ,Plan Sponsor Council Of America ,Prudential ,Philadelphia Inquirer ,Family Foundation ,Health Benefits Survey ,Pru Crew Facebook ,Sponsor Council ,Value Financial Planning ,Crewconnect Vanguard ,