--- In ibmunion@yahoogroups.com, ignatz713 <no_reply@...> wrote:
>
> --- In ibmunion@yahoogroups.com, Paly <pal409@> wrote:
> >
> > OK I'll bite, what s a "first choicer"?
> >
>
> As noted, a First Choicer was an employee within 5 years of
> retirement eligibility in June 1999. A First Choicer was given the
> option to take the CB plan or the old pension plan. In addition,
the
> First Choicers kept the lifetime retiree medical.
>
> Second Choicers were not within 5 years of retirement eligibility
in
> June 1999 and were put on the CB plan and the FHA. After the Senate
> hearings, at which Janet testified, the Second Choicers were given
> the choice of the old pension plan or the CB plan but were only
given
> the FHA.
>
> I cannot remember the cutoff for the No Choicers, but they were
given
> the CB plan and the FHA.
>
The no-choicers had were less than age 40 or had less than 10 years
of service on July 1, 1999. You are correct that they get the CB
plan (no choice) along with the FHA (maybe). The catch for them is
they don't get the FHA if they are not an employee until past age
55. Second choicers can get it at any age after 30 years of service.