The NetBenefits web site does not have an updated pension estimator
that takes the changes after 12/31/07 into account. Instead, you have
to use the "IBM Retirement Comparison Modeler" which is available only
via the w3.ibm.com web page. So you must be an active employee with
intranet access in order to run it.

From the w3 home page, click on the "Career and Life" tab in the upper
left corner of the page.

Then, in the gray box on the left side under "Get Personal" click on
the link for the Retirement Comp Modeler.

At this point you will have to log in with your IBM intranet id and
password.

Next, you will see a letter from Randy MacDonald. Scroll to the bottom
of the letter and click "Continue."

You've finally reached the modeler and can get estimates of your
pension under the new retirement plan. It will also show you how your
pension will vary had they not changed the plan vs what you will
really get, along with estimates of how the improved 401(k)
contributions may make up for some of the difference.


--- In ibmretiree@yahoogroups.com, William Holden <wfholden2002@...>
wrote:
>
> I have been retired for 5 years and although I see a lot of
> material being discussed here relative to changes in retirement
> plans, I haven't studied it closely. This weekend, a good friend,
> who is still at IBM and has her 30 in and, is 55, visited us with
> the intent of my helping her decide what to do come the end of the
> year and the change over. She brought her Thinkpad and we hooked
> into NetBenefits to look at her account, but I was surprized to
> find that there was no calculator or for that matter description
> of what is going to happen to prior plan employees. Can someone
> point me to documentation that details this? Maybe this isn't
> available to us, but I gotta believe that there is for the active
> employee. Then again....... Thanks in advance. Bill