Thanks to you both for all the hard work and frustration you have encountered. I've been in contact with the Cooper Settlement Contact Line. On May 31, they...
http://www.mckinsey.com/clientservice/bankingsecurities/pdf/coming_shakeout_in_defined_benefit_market.pdf ... We estimate that 50 to 75 percent of all...
I noticed on Friday that my $16.40 a month settlement amount wasn't included in my June pension payment. So I called the settlement hotline and asked about it....
I subscribe to the McKinsey Report and have seen many of their so-called predictions become fact. Maybe this was because they could see the train behind the...
McKinsey does not need to see the train; they are, and have been for years, driving it! They also have a great record for McKinsey alums reaching high levels...
I called the Cooper Settlement hotline, and received the paperwork which got lost in the mail on 4/27/07. This within 4 business days. Sent it back today. ...
Settlement? Better described as a whitewash by a pro-big business administration. On the other hand, the analysts are now warned and many won't forget they...
I came into this party late. I was hired by Williams in 1995 and had no idea this scenario was unfolding until it hit us in '99 and saw what it did to the ones...
... I'm not sure it was ever clearly revealed that moving the ESPP (Employee Stock Purchase Plan) from a 15% discount to a 5% discount removed ESPP shares...
Great post. Clear reporting? You must be talking about another company or some sort of imaginary management. Even the old man TJ was not very clear in his...
http://tinyurl.com/3b5m54 SNIPPET: The number of people taking Social Security benefits before full retirement age has been on the rise. It might be better for...
Reducing earnings by 14 cents a share = 1,500,000,000 oustanding shares times 14 cents is $210,000,000 but with 10 cents a share, it is only $150,000,000. As a...
... I disagree with this completely. I don't need the money, but I will begin taking benefits as soon as I can. I'm now 57 1/2, and I've been retired for one...
... After I wrote this, I did a little looking and investigating. If I can earn 8% tax deferred on the early payments, waiting for larger payments at 67 never...
As I slept on this news--- In thinking about the $210,000,000 at 14 cents a share stock option expense for a quarter of the year, that means IBM gave four...
I made a spreadsheet, retire at 62, 63, 64, 65, 66. The crossover was 78. After that I start living with less. IF I get to 78, or later, what's a few bucks?...
Well -- yes taking benefits early does reduce the benefits, but you have to consider the "time value of money" here as well. Taking benefits at 62 instead of...
A couple of points. 1) the reductions for work are "$1 in benefits will be deducted for each $2 you earn above the annual limit. For 2007 that limit is ...
I'm of a similar mindset. I was terminated by IBM as part of an outsource deal with WMB after nine months service (my work went to the four corners of the...
Thanks for speaking some sense abuot this. I've never understood the rationale for waiting until later to start collecting and I read it all the time. ... ...
I agree. I was aged out at 57 and plan to take my SS at 62. If you don't take it at 62 you can assume a 6-7% ROI per year by leaving it with Uncle Sam. If...
Doesn't everyone see that buying your own stock is usually one of the worst things you can do with cash in the business? Sure it drives the share price up --...
Mike, as I recall (and recollection keeps gets more imprecise), IBM projected that the options accounting change would degrade earnings by 14 cents. So,...
Stock buy-backs can be both good and bad. In this case, it is bad from US worker POV as the stock will be used for bonuses for managers who will in effect be...
For years, IBM has misled their workers into thinking they were going to have job security, and receive good pension and medical benefits when they retire as...
Skip: Thanks for the detailed analysis. Indeed it is not a pretty picture. Might I suggest a 3rd reason to take the lump sum, (your opinion on this would be...
" subscribe to the McKinsey Report and have seen many of their so-called predictions become fact." That's because McKinsey advises corporations on management ...
That's great if you don't need the money, but don't forget, if you take SS at age 62 vs 66 you give up 25%, and if your earnings is over $12480 (that was for...
Here's an absolutely incredible spin to promote hybrid (crash balance) plans. Sample excerpt: It's much easier for an employee to look at a $15,000 or $150,000...
