What are we going for?

Posted by Geoff Wheeler on 08 June 2004 at 15:09:04:

In Reply to: Re: IBM Owes $6 Billion To Retirees posted by freddy on 08 June 2004 at 14:30:03:

: Sorry, I was not terribly clear. I meant to ask what happens if the UK Ombudsman finds against IBM in the UK?

: Will we get a bigger Pension or what?

What a good question!

I confess that despite following this web site for months I am embarrassed to have to admit that I have lost sight of what EXACTLY we are trying to achieve. Can the Ombudsman (or a judge, or a concerted campaign by duly elected activists, or .....) force IBM to be anything as vague as "amongst the best"? Are we going for full indexation or what? Only if we are clear about what we want can we discuss whether if we got it it would be postdated to give long standing pensioners cash now.