Posted by e.m.ployee on 09 November 2000 at 01:09:09:
There are a couple of issues that need airing:
1. There have been postings on US and other websites that allege that
people who held senior positions in the IBM UK Pensions setup resigned in a hurry
on seeing what was happening to the C-Plan.
It is also alleged that there are copies of their letters of resignation in the circulating, which
show how they tried to stop the so-called "raid" on the C-Plan.
Do these letters really exist?
If they do, shouldn't they be sent to the UK's Pensions Ombudsman
as evidence.
If they are not forthcoming, it may be that this "documentary evidence" is being held close by
individuals who have little interest in the general good or specifically the C-Plan pensioners,
but is being kept as possible evidence to support personal vendettas against the Co.
2. It is suggested that the "independent" members of the Pensions Trust have been
made subject to a confidentiality agreements which preclude their
discussion of the issues with their constituents i.e. the pensioners and the
active members who are still ploughing their four percents in.
Perhaps they need reminding where their duty lies. Specifically,
this site may choose to keep a note of how the elected members have
behaved. The question is: "Where does their duty lie?"
There are people lurking in the shadows who may be seeking to
protect/advance personal agendas, for and against the Co.
Now is the time to get everything out - we have a good process to
obtain a review and if appropriate, redress; the Ombudsman.
It would be very sad if our good case is compromised by individuals
who have information which could help all the members but which is
held back by personal motives.
Now is the time for honourable people to say what they know.