Group Information- Members: 4854
- Category: Computers
- Founded: May 18, 1999
- Language: English
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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.
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Pensions Can't Win
http://www.forbes.com/2009/07/10/pension-plans-deficit-markets-bonds-retirement.html Corporate Bonds Pensions Can't Win Peter C. Beller, 07.10.09, 11:00 AM ET
Posted - Sat Jul 11, 2009 6:45 am
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finitewisdom
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Posted - Fri Jul 10, 2009 2:52 pm
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ignatz713
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Re: IBM Positive article about 401k
This is little more than a fluff piece to give IBM some badly-needed positive PR. Gee, if the 401K is *that* good, why do the executives need their own defined
Posted - Fri Jul 10, 2009 2:48 pm
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finitewisdom
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IBM Positive article about 401k
Our "friend" Randy MacDonald is quoted in the article: http://www.businessweek.com/magazine/content/09_28/b4139058355275.htm?link_position=link5 Actually,
Posted - Thu Jul 9, 2009 9:31 pm
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alwaysontheroad4bigblue
alwaysonther...
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Posted - Thu Jul 9, 2009 3:39 am
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Kevin Wallace
nowwicked
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