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Sears is Providing
Financially for Employees Who are Reservists on Active Duty-Truth!
Summary of the eRumor The eRumor says that Sears
is doing more than the law requires by paying the difference between
active duty pay and their salaries for reservists called to serve
and providing other benefits.
According to a spokesman for Sears,
the company has extended the period in which it will make up the
difference between active duty pay and normal salary for 60 months.
Medical, dental, and life insurance are extended as well.
The employee pays part and the company pays part.
Sears is also offering a make-up plan on 401K plans so a reservist
will not lose retirement benefits.
Sears records show that the company has provided support to employees
serving in the military since 1916.
Although Sears is the focus of this particular eRumor, there are
numerous other companies offering financial help to reservists who
are on active duty.
Last updated 1/18/08
A real example of the eRumor as it has
appeared on the Internet:
IT IS ALL ABOUT HOW YOU TREAT THE PROTECTORS OF OUR
I assume you have all see the reports about how Sears
reservist employees who are called up? By law, they
their jobs open and available, but nothing more.
pay cut and lose benefits as a result of being called
Sears is voluntarily paying the difference in
benefits, including medical insurance and bonus
programs, for all
reservist employees for up to two years. I submit
that Sears is an
corporate citizen and should be recognized for its
I suggest we all shop at Sears, and be sure to find a
why we are there so the company gets the positive
Pass it on.
2 For 1
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