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It was founded by Verizon retiree members of the Association of BellTel Retirees. ProtectSeniors.Org is dedicated to the interests of corporate retirees in the United States . The group represents 14.3 million retirees from 392 companies, 45 labor union locals, 98 municipal, state and federal retiree groups and 16 associations.
Verizon (NYS: VZ) is seeking retirement help -- or, more specifically, help for its retirees. Yesterday, Big Red announced plans to transfer $7.5 billion of its $30 billion in pension obligations ...
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The Pension Benefit Guaranty Corp. approved a $23.6 million pension bailout on Oct. 23 for the Midwestern Teamsters Pension Plan, based in Oak Brook, Illinois, which covers 615 participants in the ...
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Specifically, Prudential Insurance sold the Verizon Management Pension Plan a "single premium group annuity contract" covering Verizon's approximately $7.5 billion of pension liabilities.
A letter sent to Canadian pensioners in July 2011 from the Nortel pension administrator Morneau Shepell announced that pensioners in Canada would have their benefits cut. A webinar held by the legal firm Koskie Minsky on July 22, 2010, addressed some of the questions raised. [19] The windup of the $5 billion Nortel pension plan began in October ...
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