June 28, 2007 Pension Bill Introduced in Senate Senator Harkin Introduces Pension Bill At a press conference today, Senator Tom Harkin (D-Iowa) introduced the...
Just to refresh my memory, didn't the settlement amount get defined in Judge Murphy's ruling after the fairness hearing in August of 2005? That is, the actual...
IBM waited until after the U.S. Supreme Court refused to hear the appeal for Cooper vs. IBM before informing class members of the settlement amount. I think...
The settlement includes interest from November 2006 through May 2007 when settlement shares were finalized. Only class members who have already collected...
http://tinyurl.com/ywz6a7 One analysis finds new rules are making companies rethink how generous their plans should be. By Jeanne Sahadi, CNNMoney.com senior...
I just received a notice that IBM will stop sending paper pension statements every month. I have not received my settlement letter yet because my pension is...
I resigned, did not retire. My husband and I now pay $1075/mo for a high deductible PPO with Blue Shield of CA. Every year goes up 20%. I'm 57. Does anyone...
Check the discussion about paper statements on the IBM Retiree group. Note at the bottom of your letter -- you can call the IESC and request continued paper...
... Nancy,not to be snarky (because I truly empathize with your situation), but what benefit would there be for any company to open this up for anyone who ever...
Why would IBM include me? To increase the risk pool perhaps. I'm just asking. While IBM doesn't define me as a retiree, others have defined my category as an...
I'm going to weigh in on this as a one-time IBMer (9 months - outsourced). I have Blue Cross of Oklahoma (as a private citizen) and only pay $215/mo. for what...
http://news.yahoo.com/s/hsn/20070706/hl_hsn/medicaltourismtakesflight ... - Soaring U.S. medical costs are causing many Americans to take to the skies on...
I hired on in May 1977, retired in May 2006 (58 years old). I have not received any notification of any type. Should I call the Lawyers, or ESC ? Thanks, Mike...
... Did you decide to delay collecting your pension benefits? If so, you won't get any notification until shortly before your pension benefit is scheduled to...
Ronald, I can't get insurance from IBM because I resigned, not retired. We had to go thru an insurance broker due to pre-existing conditions, none dramatic....
... Again, I'm not being snarky here, but I don't see any reason why IBM would need to increase the risk pool, if you look at what they are doing. The original...
FWIW - I'm retired, both of us on Medicare, so our situation isn't the same as yours, but- I have an AARP Medicare supplement. It's not necessarily cost...
Oh yes, I forgot about your resignation, sorry. The pre-existing conditions must be the difference (outside the normal pre-existing conditions most of us...
... not a bad idea, but all the big companies have already stolen the money, or dumped the liability onto the tax payers ... snip ... what, only for the...
... I had called the settlement office in March, they told me that I'd rec. notification in May. I never did. I called them today, here's the response in...
Janet, Thanks for your time and response. My BCD was 5/1/2006. Thanks to you, and others posts here, I have contacted the settlement office. They said they...
This NY Times article was posted earlier. http://www.nytimes.com/2007/06/23/business/23retire.html It contained a link to the following press release by the HR...
Mike, My package was also supposed to be sent on 4/27. I believe a couple of others also reported the 4/27 date. The good news is that a replacement package...
... Dave - interesting facts. I hope to see my 'new' package soon, I'll post as soon as it shows up. Thanks for the chuckle on the Arbor Day and the printer...
... fhawontcutit, one word: Wow. The fact that 'the' date is included in the press release is indeed an eye-opener. You'll have to change your name to...
With McDonald heading this up, we're sure to be screwed. Somehow he will manage to rip us off and make the rates unaffordable. What happens with the funds that...
... Here is the bill in its entirety: http://thomas.loc.gov/cgi-bin/query/C?c110:./temp/~c1109vbab6 I like it. I especially like the idea of having a pension...
... I thought the date was interesting, although there was no mention (yet?) that IBM would make the plan available at that date. The press release was from...
Are the rates affordable now? As far as I know, there is no trust fund. FASB made the company recognize the liability, but specific funds are not set aside....
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