IBM Law suit on pensions in US of A

Posted by J. M. Howell on 14 June 2003 at 10:24:13:

In the next few weeks U.S. District Judge G. Patrick Murphyis
expected to hand down a ruling in the class action lawsuit filed by
IBM employee Kathi Cooper concerning age discrimination in IBM's
pension changes in 1995 and 1999.

The Alliance @ IBM site has links to five excellent articles
that appeared on Sunday about this class action lawsuit.

To go to the Alliance site type or cut and paste the following to
your browser:

http://www.allianceibm.org\

I would mention that the alliance distributes a free weekly email
of links to major articles about IBM relevant to employees and
retirees. If you are interested in subscribing to this news summary
you can do so by joining the alliance (also free) from the alliance
site or by adding your email address at

http://www.pressconnects.com/special/ibmpensions/stories/story6093.sh
tml

Here is a brief summary of the five articles:

June 8: Major coverage on IBM Pension Lawsuit:

IBM ruling may shape age bias laws. In the next several weeks, a
federal judge will rule on whether two pension plan changes IBM made
in the 1990s discriminated against Kathi Cooper and 140,000 other
U.S. employees

For Kathi Cooper, the numbers just didn't add up

Judge expects his pension decision to be appealed

Documents reveal IBM's reason for pension-plan change: saving money
Quote: "a reduction in employee benefits does not violate federal
law unless it violates a union contract or the change runs afoul of
another federal regulation."