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On Jan. 1, IBM put the brakes on its dollar-for-dollar 5% employee match in its 401(k) plan and began providing most of its US workers a portable "retirement benefit account."
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The 2.5 percent adjustment will amount to an average increase of $50 in monthly benefits for retired workers on Social Security beginning in January. Specifically, the average check for retired ...
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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. [citation needed]
The IBM Information Management System (IMS) is a joint hierarchical database and information management system that supports transaction processing. [1] Development began in 1966 to keep track of the bill of materials for the Saturn V rocket of the Apollo program, and the first version on the IBM System/360 Model 65 was completed in 1967 as ICS/DL/I and officially installed in August 1968.