I don't have a URL for the US version of the magazine, but below is what was printed in India... Also, in case you wanted to see the cover, I uploaded it to...
http://www.kansascity.com/mld/kansascity/news/14944082.htm Kansas City Star - Posted on Sat, Jul. 01, 2006 PENSION REFORM BILL TO WAIT WASHINGTON | Senate and...
... Yes, I think it is a benefit, if and only if those high-paid employees are 100% confident they will still be employed by IBM on 12/31/06. .... Assign me to...
... No word. If you're tired of writing to Congress about this (I know I am -- especially when I get back a wordy form letter demonstrating they didn't choose...
http://tinyurl.com/r92md Wall Street Journal - July 3, 2006 A Pension Reform That's Desperately Needed July 3, 2006; Page A11 Encouraging a presidential veto...
If you would like to go to Air America, Ellen Schultz (WSJ) will be on the show soon. Go to http://www.airamerica.com/ Click on Listen Live On-Line....
http://money.cnn.com/2006/07/05/news/companies/nortel.reut/index.htm?section=money_topstories Reuters: July 5 2006: 7:16 PM EDT Nortel CEO takes cut to pension...
For those people who are still US IBM employees, the new, customizable pension modeling tool is now available via the internal w3 web page. It allows you to...
http://tinyurl.com/eqwu3 Wall Street Journal - July 6, 2006 Congress's Cures Made Pension Industry Sicker Sen. Johnny Isakson (R., Ga.) takes great exception...
It's not on Fidelity NetBenefits anymore. The ESC says that you need to use your provider's service. I used Aetna Navigator and it seems to work fine....
I have the IBM Medical/Prescription Drug Supp Plus Plan. When I go into Net Benefits and look at my spouses' profile, everything looks correct except that to...
... I just checked my wife's profile and she is also listed as disabled. It may be a program flaw in that disabled is the default. I clicked on customer...
http://www.cbsnews.com/ Under TOP VIDEOS on the right-hand side, click on Pay Cuts and Pensions. The recent WSJ article by Ellen Schultz is mentioned....
In the new modeler tool, it says that the Joint and Survivor Option payment is taken from the 401(k), not from the PCF payment. The line in the explanation for...
I have heard rumblings but nothing definite; are there any groups of employees that would actually recevie less $$$ leaving on 1/1/08 vs. 12/31/07? Thanks! TK...
Hello, I am a former employee of IBM, separating in 1994 after 16 years service. I was given an annuity, payable at age 65, which represented my "vested"...
Look carefully at what documentation you have. Look for the term 'covered compensation' which is an ERISA specific term relating to a 35 year rolling average...
When the programmers are in lower East nowhere and have to relearn the date sequence, plus understand the Julian date system as compared to the local gurus'...
Here is a link to the video, in case it disappears from the list. http://www.cbsnews.com/sections/i_video/main500251.shtml?id=1785780n An interesting statistic...
The modeler gives you both, J&S for your pension and for your 401K. They just convert your 401K lumpsum to an annuity. As with any annuity you can buy J&S...
... I just ran the current estimator -vs- the new modeler. Single life annuity on 01/01/08 is $2 more than 12/01/07 That ass-u-me s that there are no changes...
... According to Ellen Schultz, the ratio is 25% at IBM: http://www.post-gazette.com/pg/06177/701286-28.stm ... In January, IBM said it will freeze the...
... 25% percent of the U.S. pension expense last year was for the pensions for "several thousand" of the highest-paid people. To fully answer your question, we...