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Re: U.S. companies take aim at pension risk with lump-sum offers
Before you get carried away, let me simply say that I don't have the time or interest to engage in a silly exchange of messages. Doing so is not the reason that I follow the IBM pension related
By [email protected] <zimowski@...> · #40 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
http://www.pionline.com/article/20121106/REG/121109923/gms-retiree-acceptance-of-lump-sum-seen-as-solid-response says: The roughly 30% of eligible salaried retirees who have accepted General Motors
By namremf <no_reply@...> · #39 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
well, gee thanks for the offer zim, but not if you're interested in taking the position:>) I made reference to no one. Furthermore, I stand by my statement and will reiterate: it is asinine to think
By teamb562 · #38 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Maybe you just went to work for the wrong company. ?You might have been better off, if you had gone to work for Burroughs, or NCR, or Kodak, or DEC, or Compaq, or HP, or Honeywell, or even General
By Dick · #37 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Yes, thanks to Ed. It's amazing that more IBMers didn't understand the significance of the 1991 changes. No need. however, to refer to other members of this board as asinine. Is it your plan to
By [email protected] <zimowski@...> · #36 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
A big thank you Ed for the many details of ibms recent past history for employee uses of KY. To even conjecture that ibm would not ax retiree health care is borderline asinine.
By teamb562 · #35 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Have you not been paying attention over the last 20+ years? In 1991, IBM changed the old Service and Earning pension formula, reducing the percentage used in the calculation from 1.5% to 1.35%. A
By edward_berkline <no_reply@...> · #34 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Maybe, these 12-yr old stories are still in the memories of some who post
By namremf <no_reply@...> · #33 ·
My issue with the ibmpension board
I have been a member of the ibmpension board for about 3 and a half years. I have never tried to post anything there because I do not even half the Post option available to me.
By business51869 <no_reply@...> · #32 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Edward, I don't know about your history with IBM, mine was 33 years, I will tell you this, the IBM Corporation is NOT about to do as YOU state,,,?'IBM has plenty of cash on hand, but the executives
By Dick · #31 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Although current earnings don't affect the pension fund, ALL healthcare benefits, both for current employees and retirees are paid from income as an operating expense. As revenue goes down, it
By edward_berkline <no_reply@...> · #30 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
What a bunch of fantasy conjecturing! ? Current earnings have almost little or NO impact on a company's Pension funding or healthcare benefits. What if the sky falls tomorrow, before noon? ?
By Dick · #29 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Great,,,, I agree with you about our Socialist president,,,, the Chinese must be laughing at him, and saying that we tried that and it doesn't work. Have a great day,,, and a better one tomorrow,,,,
By Dick · #28 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
If my last append gives the impression that life has got me down, then I need to be more careful about the way I express myself. For me, retirement is great! I have friends and interests that keep
By Mel Zimowski <zimowski@...> · #27 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Aren't you sorry that you woke up this morning. You seem to be saying that each day brings you less than the previous one. ?
By Dick · #26 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Given the age and dwindling numbers of those still receiving IBM retiree health care coverage, I don't really believe that IBM has much to gain by terminating their coverage. In just a few short
By [email protected] <zimowski@...> · #25 ·
Lump Sum Payment
If you look at and follow financial advice, one then should consider a pension, no matter how small or large, as part of your balanced portfolio, In other words, consider how much you would have to
By test2btrue · #24 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
Yep, for sure! and I feel sorry for Rochester MN IBM retirees that retired
By namremf <no_reply@...> · #23 ·
Re: U.S. companies take aim at pension risk with lump-sum offers
You are hoping PPACA gets repealed? You do realize companies are under NO obligation to provide healthcare to anyone, with or without PPACA. PPACA may be your only choice someday and you hope it
By teamb562 · #22 ·
Re: Speculation on health care options of the future
OK flatiron_blues. I know how to bypass the moderators on ibmpension and have posted a message on your behalf there fully recognizing the risk of being banned from the ibmpension board but really
By max17s <no_reply@...> · #21 ·