Posted by Bryan Balfour on 05 October 2000 at 10:17:56:
In Reply to: Dramatis Personae posted by Peter Hill on 03 October 2000 at 13:49:38:
For the record; I'm a C plan retiree (I hate the word pensioner) who took a package in '93 after 23 years service in IBM. Since that date that company has given me my 'just desserts' every month on time and in full just like they said they would. Indeed the payslip that arrived yesterday bares this out with a 2.3% 'discretionary' increase.
Does that mean that I don't have some concerns about the future? No it doesn't, but I'm not prepared, on the evidence presented so far, to accuse IBM of theft nor am I prepared to accuse the Board of Trustees of 'dereliction of duty' over the matter of the transfer of funds from the C to the M plan.