http://tinyurl.com/2hgfly ... Flanked by lawmakers from both houses of the California legislature, business figures, labor leaders and grass roots activists,...
Yes, the lump sum calculation changes once every year in late November when new interest rates are made available. The interest rate increased in Nov 2006....
My first thought is that even though IBM has submitted the expectation change as indicated, this does not mean that it will actually occur...no more than that...
Think your pension is safe if you are a federal employee? Think again... Here are some of the ways CBO suggests reducing federal employee or retiree benefits:...
Point well taken.. Since I don't know any other non-elected job that is more secure and predictable, I guess we all should focus on being a CEO and just steal ...
M: Thank you for your thoughtful comments! Yes it might not turn out that 90% of those leaving actually do take the lump option, just for IBM to predict such a...
http://www.pensionrights.org/action/enewsletters/pensionaction.html March 2, 2007 More Companies Freeze or Convert Their Pension Plans FedEx, Goodyear Tire &...
http://www.benefitnews.com/detail.cfm?id=10149 Employee Benefit News • March 2007 Latest cash balance ruling bad news for existing plans By Lynn Gresham In a...
Judge Webber ruled, is not because of age discrimination, but occurs because of the "time value of money, a characteristic correlated with age, but not age...
I that this means that the fight is not over. The Supreme Court may eventually have to hear an age discrimination case involving cash balance plans. ... ...
That's great news! Just curious ... is there a relationship between Judge Shira Scheindlin and "Judge Judy" Scheindlin? . ... Citigroup's cash balance plan...
Do any of you remember the web address of the retire rewards program where you can cars and other things at discounted prices? thanks for your help. john...
K: If I were to speculate about the following statement: "I also believe that for any age, the offered lump sum option and all the others are also "actuarially...
You might try these links: http://www-1.ibm.com/afteribm/us/ http://www.beneplace.com/ibmretirees/index.jsp https://www-03.ibm.com/ibm/ibmclub/ibmsplsh.nsf cw...
I disagree slightly with your previous responses which suggest that 59 1/2 is the "magic age". 59 1/2 is a magic age all right, but I suspect only for IRA...
M: Thanks for the detailed analysis! It may well be that the "early retirement subsidy" is just a ghost. I'll be running some numbers here shortly. I don't...
Thank you for your thoughtful reply. I knew that the "new/old" defined pension benefit plan would max out with 35 years, although I can not recall how I knew...
As I now understand your particular circumstance and assuming you to be of normal life expectancy and having a conservative investment philosopy, let me...
Normally I would by-pass not putting this on this site but the topic does apply to the erosion of the Middle Class and the "Rich getting Richer thanks to...
Need some help/advice from you with lawyer type minds. Does anyone have more info on the following subject? The numbers don't make sense to me. I received...
Michele, I know you have already received several replies to your request including one asking to to call the the employee services number. So you've got the...
My guess is that the likelihood/probability of that happening is zero. The only motive in making this conversion was to reduce expenses. Had their very...
To answer your question, the reason for the different dates and certain states is due to the laws of those states. Florida laws are quite different from...
Thanks, I do understand the advantage (albeit diminished) of being on the "good" table i.e. leaving at at least 55 w/ 15+ yrs. If I did make it to 55 I would...
Her is my two cents worth on this: 1) Lawyers just want to make easy $$$. So if they get "only" 25% or so of $65M they make out like bandits. If they get you...
... so ... they ... come ... For thought... If we had not settled with IBM, but decided to "go all the way", we would have nothing now. And, 3 law firms would...
... Not likely. Most lawyers going up against a very large corporation like IBM would view winning an individual case as very risky and a very long time before...
