开云体育

Why would you wish to want to be agitated every day by an activist bulletin?

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From: theyfiredme
To: ibmpensionissues@...
Sent: Monday, November 19, 2012 8:38 AM
Subject: [ibmpensionissues] How to Maintain Your Pension Awareness Technical Vitality

?

A decent daily read or worth subscribing to:

Not interested in global reach or power, but dislike the selective censorship of the moderators on the ibmpension board. They seem to like your appends, so you are probably not aware of how discriminatory and impartial the censorship really is.

--- In ibmpensionissues@..., "donwshuper50" <dshuper2@> wrote:

. . . My hope
is that contributors to the ibmpension board will eventually all migrate to this
board and put Kathi et. al. out of business. My personal opinion is that many
of the moderators of ibmpension simply like having the power of censorship (i.e.
having control over what they allow/disallow on their board) for personal
reasons. Just a thought.....


Sounds like you want global reach - global power


Why not live and let live ?














--- In ibmpensionissues@..., "zimowski@" <zimowski@> wrote:

I completely agree with your view of the moderators. Roughly 50% of my appends are censored by the moderators. I think the sole reason is that they simply disagree with the views that I express, even if the append does nothing more than politely complain about the selective censorship of the moderators.

In order to make this board more worthwhile, let me suggest that you repost each append that anyone posts to the ibmpension board and then not censor responses you don't agree with. Obviously, appends that use foul language or that direct personal attacks towards other participants should be dealt with, perhaps initially with a warning and then through some other means of your choosing (which I think you should make known in advance to all participants). My hope is that contributors to the ibmpension board will eventually all migrate to this board and put Kathi et. al. out of business. My personal opinion is that many of the moderators of ibmpension simply like having the power of censorship (i.e. having control over what they allow/disallow on their board) for personal reasons. Just a thought.....

. . . My hope
is that contributors to the ibmpension board will eventually all migrate to this
board and put Kathi et. al. out of business. My personal opinion is that many
of the moderators of ibmpension simply like having the power of censorship (i.e.
having control over what they allow/disallow on their board) for personal
reasons. Just a thought.....


Sounds like you want global reach - global power


Why not live and let live ?














--- In ibmpensionissues@..., "zimowski@" <zimowski@> wrote:

I completely agree with your view of the moderators. Roughly 50% of my appends are censored by the moderators. I think the sole reason is that they simply disagree with the views that I express, even if the append does nothing more than politely complain about the selective censorship of the moderators.

In order to make this board more worthwhile, let me suggest that you repost each append that anyone posts to the ibmpension board and then not censor responses you don't agree with. Obviously, appends that use foul language or that direct personal attacks towards other participants should be dealt with, perhaps initially with a warning and then through some other means of your choosing (which I think you should make known in advance to all participants). My hope is that contributors to the ibmpension board will eventually all migrate to this board and put Kathi et. al. out of business. My personal opinion is that many of the moderators of ibmpension simply like having the power of censorship (i.e. having control over what they allow/disallow on their board) for personal reasons. Just a thought.....

. . . My hope
is that contributors to the ibmpension board will eventually all migrate to this
board and put Kathi et. al. out of business. My personal opinion is that many
of the moderators of ibmpension simply like having the power of censorship (i.e.
having control over what they allow/disallow on their board) for personal
reasons. Just a thought.....


Sounds like you want global reach - global power


Why not live and let live ?














--- In ibmpensionissues@..., "zimowski@" <zimowski@> wrote:

I completely agree with your view of the moderators. Roughly 50% of my appends are censored by the moderators. I think the sole reason is that they simply disagree with the views that I express, even if the append does nothing more than politely complain about the selective censorship of the moderators.

In order to make this board more worthwhile, let me suggest that you repost each append that anyone posts to the ibmpension board and then not censor responses you don't agree with. Obviously, appends that use foul language or that direct personal attacks towards other participants should be dealt with, perhaps initially with a warning and then through some other means of your choosing (which I think you should make known in advance to all participants). My hope is that contributors to the ibmpension board will eventually all migrate to this board and put Kathi et. al. out of business. My personal opinion is that many of the moderators of ibmpension simply like having the power of censorship (i.e. having control over what they allow/disallow on their board) for personal reasons. Just a thought.....

I hope it's not a BAILOUT,,, it's just another ill conceive Government subsidy. ??
Please tell me why the Federal Government is in the Pension Insurance business?????


??

________________________________
From: namremf <no_reply@...>
To: ibmpensionissues@...
Sent: Friday, November 16, 2012 5:29 PM
Subject: [ibmpensionissues] US pension insurer runs record $34B deficit


??


excerpts:

The Pension Benefit Guaranty Corp. says its deficit grew to $34 billion for the budget year that ended Sept. 30. That compares with a $26 billion shortfall in the previous year.

Pension obligations grew by $12 billion to $119 billion last year. Assets used to cover those obligations increased by only $4 billion to $85 billion.

The agency has now run deficits for 10 straight years. The gap has grown wider in recent years because the weak economy has triggered more corporate bankruptcies and failed pension plans.

Me smells a bailout....

I completely agree with your view of the moderators. Roughly 50% of my appends are censored by the moderators. I think the sole reason is that they simply disagree with the views that I express, even if the append does nothing more than politely complain about the selective censorship of the moderators.

In order to make this board more worthwhile, let me suggest that you repost each append that anyone posts to the ibmpension board and then not censor responses you don't agree with. Obviously, appends that use foul language or that direct personal attacks towards other participants should be dealt with, perhaps initially with a warning and then through some other means of your choosing (which I think you should make known in advance to all participants). My hope is that contributors to the ibmpension board will eventually all migrate to this board and put Kathi et. al. out of business. My personal opinion is that many of the moderators of ibmpension simply like having the power of censorship (i.e. having control over what they allow/disallow on their board) for personal reasons. Just a thought.....

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From: namremf
To: ibmpensionissues@...
Sent: Friday, November 16, 2012 8:23 PM
Subject: [ibmpensionissues] Re: US pension insurer runs record $34B deficit

?

Hey they are also in the flood insurance business, and last I checked,the DOD-feds also paid to re-design beef jerky: page 22



see also:
Is It Time for a Coffee Break? There's a DOD-paid-for App for That!, page 20

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From: namremf To: ibmpensionissues@...
Sent: Friday, November 16, 2012 5:29 PM
Subject: [ibmpensionissues] US pension insurer runs record $34B deficit

?

excerpts:

The Pension Benefit Guaranty Corp. says its deficit grew to $34 billion for the budget year that ended Sept. 30. That compares with a $26 billion shortfall in the previous year.

Pension obligations grew by $12 billion to $119 billion last year. Assets used to cover those obligations increased by only $4 billion to $85 billion.

The agency has now run deficits for 10 straight years. The gap has grown wider in recent years because the weak economy has triggered more corporate bankruptcies and failed pension plans.

Me smells a bailout....

Just in case some of the readers face this decision in the future:



full text:

Like many others, I recently received a one-time-only offer for a lump-sum distribution as a settlement for a vested defined-benefit pension. I am 58 years old. The lump sum offer is $250,000. The normal annuity benefit starting now is $1,489 per month. At age 65, it would be $2,089.

If I take the distribution and buy an annuity with Fidelity, the monthly benefits are $1,185 and $1,700, respectively. I calculate that the "offer" is asking me to take a 20 percent haircut on my pension! Of course, I can simply take my normal monthly benefit through the pension. But if I do that, I am accepting the risk of a future default by my former employer. If that happens, my future benefits would be at the mercy of the Pension Benefit Guaranty Corp.

Is it worth 20 percent to eliminate the default risk of the normal pension plan? Are there other factors I am not considering?

S.O.

Before you take the reduced offer, I suggest that you do two things. First, take a close look at the company you work for and the financial condition of the pension fund. If the company is profitable and the pension fund is well-funded — at least 80 percent — then you should stick with the company plan and not take the haircut. Assuming the company you work for is publicly traded, you will find information on the funding status of the pension fund in the footnotes of its annual report.

Your next step is to assess your second line of defense: the Pension Benefit Guaranty Corp. For 2012, the maximum monthly benefit under the PBGC for a 58-year-old, according to its website, is $2,652. That's well above the $1,489 you cited for your earned benefit. The PBGC guarantees fundamental benefits earned before the termination date of the plan or by the date of the company's bankruptcy proceeding. In the event of such events, you are likely to lose health and welfare benefits, vacation pay, severance benefits, etc., but your basic lifetime pension income will be safe.

Bottom line: If your company plan is close to fully funded, you're better off sticking with your company pension.

I am 86 years old. I rent an apartment for $3,100 a month plus utilities. The total averages $3,400 monthly. I do not own real estate or vehicles, and I have no dependents. I'm considering moving into an all-inclusive retirement community. The average monthly fee is $4,000. I would pay an upfront fee, but my estate upon my death will recover 90 percent of it.

My monthly income is $12,000 from a combination of Social Security and a company pension. I have about $1.3 million in financial assets — annuities, mutual funds and certificates of deposit. Should I plan to liquidate $400,000 cash as my deposit and not touch the mutual funds or annuities? Is there another approach to paying the entrance fee?

P.J.W., Austin

The continuing-care retirement community model is a good one. I wish more seniors would consider it, although many balk at the monthly expense.

As a practical matter, a continuing-care retirement center provides a lot more in its monthly cost than the simple cost of shelter. Lots of bills you have as a renter will disappear. In a recent speech in Oregon, for instance, I compared the cost of continuing care and owning a house to the difference between a high-priced luxury cruise and one that says it's low-cost. In the end, your out-of-pocket costs may be the same because the high-priced cruise includes things such as excursions, unlimited wine, gratuities, etc.

Lots of services and amenities are rolled into the monthly cost of a continuing-care retirement center that aren't part of the regular monthly cost of owning a home or renting.

As to the entry payment, take as much as possible from your low-yield cash investments. Remember, many of the contingencies that you have worried about will be covered by your new living arrangement. In addition, your other sources of income indicate that you don't have to draw heavily on your financial assets.

Scott Burns is a syndicated columnist and a principal of the Plano-based investment firm AssetBuilder Inc. Email questions to scott@...

I am seeking a volunteer to become a moderator of this board. Said volunteer would agree to support my mission to grow this board's membership by migrating as many members as possible here from the member list of the ibmpension board. Suggested start is to build the list of current members of the ibmpension board and then send invites. This is what I have been doing on the ibmemployeeissuesissues board, but Yahoo limits invitations to 50 per day on all boards. I assume that a different moderator could also send 50 invites per day for this board, but we won't know for sure until somebody tries it. Anyone willing to help me?

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From: namremf
To: ibmpensionissues@...
Sent: Thursday, November 8, 2012 9:43 AM
Subject: [ibmpensionissues] Why IBM (stock) Is Worth Over $200

?

see:


comment posted after article:

"We should tip our hats to IBM, even though this company has outsourced very good technical IT jobs out of USA. The business model depends on hiring cheaper IT labor abroad and laying off experienced IT professionals from USA.
As investors, we should still appreciate the profits generated for the shareholders."