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it's that time of the month?
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spitzerisnoweiner
Don't compare yourself to others. They are more screwed up than you think.
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ACA may not be for all; maybe, Medicare is: Still, I suspect there will be obese people wondering if their little blue pills will still be free. --- In ibmpensionissues@..., lowinfoneocon <no_reply@...> wrote:
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pawnedmyrolex
agree! since so few have pensions they grind away on union stuff and layoff nums, with a touch of aviation companies' stuff.
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--- In ibmpensionissues@..., lowinfoneocon <no_reply@...> wrote:
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This is not the IBMpension board.
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--- In ibmpensionissues@..., pawnedmyrolex <no_reply@...> wrote:
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pawnedmyrolex
from:
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"A place to talk about issues with the ibmpension board." --- In ibmpensionissues@..., "teamb562" <teamb562@...> wrote:
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Agree with you. ?After being in this group only a couple of months, I have searched and searched for a reason for the ongoing negative commentary, just about everything. ? Finally, this evening, with the help of a glass of cool Cabernet Blanc, it dawned upon me. ? IBM has been changing THEIR employee benefit program, ever since I was hired in June 1957,,, ?AND they contyinue to
change them. ?To clarify any issues that might arise,, I retired in 1990, with 33 years service. ?I enjoyed almost all of it, ?HOWEVER, ?I could see big time
problems coming. ?The PC line, and Networking ?were being saddle with huge HEADQUARTERS,?overhead. ?Liking, Network Servers was almost a reason to be dismissed.? The point that I wish to make is this. ?During IBM's first 75 years, it enjoyed an era of manufacturing development AND then an era of even greater electronic development. ? IN EACH ERA, THE REQUIREMENT FOR HUMAN LABOR HAS SIGNIFICANTLY BEEN REDUCED. ? TODAY, THE REQUIREMENTS FOR QUALIFIED HUMAN LABOR HAVE CHANGED DRAMATICALLY,, ONLY BETTER EDUCATED, SMARTER, MORE AMBITIOUS, ARE BEING CONSIDERED. ? None of us individually made this happen, ?someone said something like "we are the product of our times". ? Which is the real crux of the matter!!!! ? Ladies and Gentlemen,,, these are the cards that Life has dealt to you. Forget all the politics and get on with it and start living a Happy Life!!!! ? Dick Dance like there is no tomorrow
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Let's get back on the Pension Topic,,, of this Forum. When was the last time that YOU got an increase in your pension check?? ? Dick Dance like there is no tomorrow
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I don't recall ever getting one and why would I expect to get one. If it happens then great but I would never plan on getting one. Does a reduction in my medical plan give me an increase? If so then I got one last year.
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--- In ibmpensionissues@..., Just Puttin' <JustPutt2@...> wrote:
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Lou Gerstner gave the last increase, or at least significant increase. It seems he knew what was coming for retirees. It was reported to be a one time 25% increase just as he left the company.
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--- In ibmpensionissues@..., Just Puttin' <JustPutt2@...> wrote:
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The reason that it 'happens' is that IBM mgmt looks at the impact of inflation on your pension. ?You should keep in mind that pensions are fixed sums that are established, at your point of retirement. Now comes the Like It, Love It, or Leave It, part. ? When your particular time period of Vested Pensions, happen to have suffered unduly from economic hardships, such as inflation. ?Then and only maybe, their might be an upward adjustment to your Vested
Pension. My personal experience, in 23 years of IBM retirement is, one measureable increase, one dribble, and one letter. ?? So what might be the best. ?If you are going to live a long life,,, there is ONLY one
thing to do,,, defer SS Income as long as possible. My SS today is coming close to approximating my IBM monthly pension, at time of retirement it was less than ONE THIRD!!!!!? I hope this might help at least one person.
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Too late now, but: The way to have avoided the flat pension was to take the LUMP SUM. Then, of course, you had to invest smartly so that your income would grow each year. This looks risky, and it is, but over the long haul Wall Street securities tend to increase in value.? --- In ibmpensionissues@..., <JustPutt2@...> wrote: The reason that it 'happens' is that IBM mgmt looks at the impact of inflation on your pension. ?You should keep in mind that pensions are fixed sums that are established, at your point of retirement. Now comes the Like It, Love It, or Leave It, part. ? When your particular time period of Vested Pensions, happen to have suffered unduly from economic hardships, such as inflation. ?Then and only maybe, their might be an upward adjustment to your Vested
Pension. My personal experience, in 23 years of IBM retirement is, one measureable increase, one dribble, and one letter. ?? So what might be the best. ?If you are going to live a long life,,, there is ONLY one
thing to do,,, defer SS Income as long as possible. My SS today is coming close to approximating my IBM monthly pension, at time of retirement it was less than ONE THIRD!!!!!? I hope this might help at least one person.
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