IBM retirees seek to recoup lost benefits - USA

Posted by Freddy on 24 July 2004 at 08:04:44:


By Jonathan Ment , Freeman staff 07/22/2004

LAKE KATRINE - More than 100 people whose lives were closely tied to IBM's fortunes in the Hudson Valley - mostly IBM retirees or their spouses - packed the basement meeting room of Ulster Town Hall Wednesday night for an information session concerning their dwindling retirement benefits.

The event was organized by a retired 37-year veteran of IBM, Art Richter, in association with Benefits Restoration Inc., a non-profit organization that focuses on some of the world's largest corporations' broken promises to retirees.

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