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ibmpension · IBM Pension and Retirement Issues
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Group Information

  • Members: 4939
  • Category: Computers
  • Founded: May 18, 1999
  • Language: English
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Activity within 7 days:

5 New Members - 4 New Messages - New Questions

Description

On 1/16/07, the US Supreme Court denied certiori for Cooper v IBM. This was the final appeal, so distribution of the base Cooper settlement of $320 million has begun. FAQ about Cooper v IBM: www.allianceibm.org/pensionlawsuitfaq.htm

On 08/03/06, Congress passed the Pension Protection Bill which legalized Cash Balance and PCF pensions.

Topics: IBM employee issues, retirement issues, accounting practices, shareholder issues, health care and medical coverage, layoff policies, legislative actions relating to IBM and/or retirement, and other topics related to IBM pension issues including Cash Balance Plans, PEP, and PCF.

NON Topics: Unionization, Social Security Privatization, Politics, Editorial policies

Posts will be deleted if: 1) They advocate illegal activities, violence, vandalism, or sabotage. 2) They are spam. 3) They denigrate other people. 4) They debate editorial policies of this board. 5) They have nothing to do with the topics of this board. 6) The author requests removal.

See www.ibmemployee.com for summaries of past posts and related news items.

Most Recent Messages

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Cash Balance Conversion
I was reading a book on Retirement by a fellow and he referenced this article on cash balance conversion by a Professor at the University of Nebraska. If you
Posted - Mon Feb 8, 2010 12:17 am
 ibmmike2006
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Re: GOV REQUESTS INPUT ON ERISA ISSUES and IRAs
Is this part of the effort to take 401K plans and turn them into annuities? Inquiring minds want to know.
Posted - Fri Feb 5, 2010 5:00 am
 abouthadit
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TPR enforcement of US contribution orders questioned
Interesting...implies that UK pension regulators may be unable to enforce pension obligations because IBM's HQ is a foreign entity. Does anyone know if this is
Posted - Fri Feb 5, 2010 5:00 am
 finitewisdom
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GOV REQUESTS INPUT ON ERISA ISSUES and IRAs
Please pay attention to the government request for input on consideration for changes " enhancements" to ERISA. This may well be a case of you snooze- you
Posted - Wed Feb 3, 2010 8:17 pm
 DonW
donwshuper
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Re: Imputed Income
Even with an 87% increase it is still a most excellent benefit at $0.43 per $1K of life insurance, particularily since you do not pay that amount yourself.
Posted - Sat Jan 30, 2010 9:12 pm
 ibmexe
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Message History

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 98 4
2009 66 88 50 139 149 80 114 82 87 103 99 117
2008 210 134 64 35 60 61 101 194 56 71 89 89
2007 152 94 165 158 170 107 118 96 62 97 110 117
2006 1195 393 502 294 205 198 293 419 189 144 90 154
2005 515 291 314 201 469 806 437 326 260 290 230 239
2004 479 478 473 224 169 168 198 157 331 469 362 335
2003 315 278 362 279 324 325 290 411 382 390 718 407
2002 523 440 69 203 306 315 346 221 186 285 311 413
2001 824 458 416 253 246 300 241 212 277 742 647 336
2000 1308 1452 1574 1706 1763 1661 1374 1405 1116 903 524 630
1999 381 4937 5294 4514 4301 1729 1378 1172
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