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, Socialized Medicine, Politics, Editorial policies
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See www.ibmemployee.com for summaries of past posts and related news items.
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