... response ... tell ... documentation. ... Your file is not lost. Everything is on a computer or server and phone conversations are recorded at IBM. You...
64084
chz_whiz
Oct 1, 2006 1:53 pm
Like any highly paid, well-regarded consultant, they'll crunch a bunch of numbers, put a bevy of slick PowerPoint slides together, tell the consultee what...
64085
abouthadit
Oct 1, 2006 6:13 pm
Mike, what they told you is not true. IBM can reduce your pension even if you are already receiving it. An actuary or auditor will review your stats and if it...
64086
Sue
chaaya_cat
Oct 1, 2006 11:22 pm
My issue is about Medical Benefits rather than pension, but it has to do with contacting the Plan Administrator, so I'm hoping someone here can give me some...
64087
biltmorewolf
Oct 2, 2006 4:35 am
... This may not be true anymore. The Pension bill contained a provision changing the inheritance and tax rules for these accounts. I say 'may not' because I...
64088
ibmaccountant
Oct 2, 2006 12:50 pm
Yes.....this was one of the 3 consulting companies hired in the evaluation. As true consultants, they are already trying to make money on mitigating the...
64089
finitewisdom
Oct 2, 2006 6:13 pm
http://tinyurl.com/k3ted The Silent Retirement Killer You save and invest smartly, but don't be surprised if your investments leave you stranded in your old...
64090
finitewisdom
Oct 2, 2006 10:21 pm
http://seattlepi.nwsource.com/business/287139_pensionrules02.html Monday, October 2, 2006 Investors should keep eye on pension reports By RACHEL BECK THE...
64091
wantedtoretire
Oct 3, 2006 3:27 pm
Since a "clerical error" or "lost records" can directly impact your pension, it is always prudent to keep the actual retirement paperwork you signed with IBM...
64092
ibmaccountant
Oct 4, 2006 12:25 am
Good advice. Document Don will smile with this story! An old friend of mine with over 31 years in IBM told me he went to HR with a request to review his date...
64093
Don Shuper
donwshuper
Oct 4, 2006 4:05 am
... NAW- I'm not smiling - I'm ROTFLMAO !!! - even though by comparison he makes me look like a flaming liberal when it comes to documents, copies, and legal...
64094
dr_bendoveru2
Oct 4, 2006 2:55 pm
Oct 4, 2006 09:46 ET Pennsylvania Should Take Action to Bolster Retirement Security, Says Keystone Research Center State Should Make It Easier for Small...
National Law Journal: Pension Law to Spur Legal Work http://www.law.com/jsp/article.jsp?id=1160039128839 The National Law Journal - 10-06-2006 Pension Law to...
64097
dr_bendoveru2
Oct 6, 2006 9:05 pm
Wasn't Jerry York IBM's CFO ? http://today.reuters.com/news/articlebusiness.aspx? type=ousiv&storyID=2006-10- ...
64098
chz_whiz
Oct 6, 2006 9:10 pm
You get what you pay for. ... advantages...
64099
ibmaccountant
Oct 6, 2006 9:33 pm
Yes, you are correct. The first of the Gerstner era CFO's, before the position mysteriously had a revolving door. He had come from Chrysler, I believe. He also...
64100
fhawontcutit
Oct 7, 2006 12:02 pm
... receive more money from certain types of pension plans. Lawyers say those changes could bring more investment deals, which would require more legal work. ...
64101
chz_whiz
Oct 8, 2006 3:00 am
Yep. He'd been CFO of IBM and Chrysler, and has been on the BOD of GM and Apple. He was Lou's hatchet guy responsible for selling off cash generating...
64102
richljensen
Oct 9, 2006 1:08 pm
After looking at approximately one million financial planning pitches, I have yet to see anything about how to consider your IBM retirement income. (no obscene...
64103
madinpok
Oct 9, 2006 1:56 pm
... I haven't seen any recommendations from financial planners on how to treat pension income, either. What I do is treat it as an equivalent lump sum...
64104
The Snodgrass Family
b_snod
Oct 9, 2006 6:14 pm
JM2C (Just my 2 cents) but I think most folks get tooooo conservative. They go into fixed income, bonds, etc and don't get a bit more aggressive. As for...
64105
sby_willie
Oct 10, 2006 2:48 am
..and, if I remember correctly, didn't he refer to the common IBM employee in an IBM memo as "grunts"... Ever wonder how people like Jerry York actually get...
64106
sby_willie
Oct 10, 2006 3:07 am
..the PROs of leaving the cash balance pittance in IBM's hands? As a current IBMer I feel very uncomfortable with having IBM manage or be responsible for my...
64107
Mark Buchanan
markeby
Oct 10, 2006 12:09 pm
I was having breakfast with a fellow IBMer. He was sure that if you don't take your pension before the end of this year it gets converted into a 401K. I...
64108
bill_fozz
Oct 10, 2006 12:09 pm
Hi Rich, JM2C also :) I agree with the previous comments. Another way to attack this is create a spreadsheet or database to help tell you what your financial...
64109
Don Shuper
donwshuper
Oct 10, 2006 12:51 pm
October 10, 2006 Spitzer Aims At Another Mark: Fee Disclosure Expected Settlement With ING Puts Focus on 401(k) Promotion; Investors Will Get 'Plain English' ...
64110
mr_quarkwrench
Oct 10, 2006 11:07 pm
... <snip> ... While you are "what iffing" don't forget to toss in an unexpected major illness that will cause you to be unable to work even part time and will...
64111
J.
grayhorse89
Oct 10, 2006 11:08 pm
Your version sure sounds correct to me. The announcements etc. are on the intranet web sites. ... [Non-text portions of this message have been removed]...
64112
emmkaytee
Oct 10, 2006 11:11 pm
... converted ... That's a weird rumor, which I also heard yesterday. Your interpretation is correct. At this point, there are no announced plan changes...
