Wondering how this ended up for you & your spouse Brian? My husband & I are both retirees as well (w/71 yrs of combined service). When IBM settled the pension class action in the 90’s, he had 25 yrs so was grandfathered under the prior pension plan & HC benefits while I only had 20 yrs so got the prior pension plan but an FHA instead. I’m retired on LTD (for 1 more yr until they move me to retirement benefits) & he retired in 2019. Now, all these yrs later, we’re both being held hostage by IBM to buy the HC Cov ‘they want’ vs what ‘we need’ & in the yrs we need it most, or we’re both screwed out of our HC subsidies (his 3k/yr which is now 2,778 & my FHA $). A double whammy for IBM retiree couples like us. I don’t see how it’s legal for IBM to change our retirement benefits after the fact, especially given the terms & conditions of the pension class action settlement. And now I’m left wondering if I’ll get another surprise when they trigger my pension next yr ? Thoughts anyone???
