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It was founded by Verizon retiree members of the Association of BellTel Retirees. ProtectSeniors.Org is dedicated to the interests of corporate retirees in the United States . The group represents 14.3 million retirees from 392 companies, 45 labor union locals, 98 municipal, state and federal retiree groups and 16 associations.
WorldCom. Stephen Vivien and Edward Prince v. WorldCom, Inc., Bernard J. Ebbers, and Scott D. Sullivan. Vivien v. WorldCom, Inc., No. 3:02-cv-01329 ( N.D. Cal. July. 26, 2002) established a new legal theory permitting workers to recover for losses in their 401 (k) retirement plans caused by investment in their employers' stock.
Verizon recently also started offering a benefit called “Secure Your Future,” where the company matches employees' student loan payments as 401(k) contributions—a new benefits solution ...
Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...
Because the 401(k) plans—widely provided to corporate employees—are limited in the amount that is tax-deductible to the employer and employee ($17,000 in annual contributions as of 2012, a small sum to top executives), executives are commonly provided with Supplemental Executive Retirement Plans (aka SERPs) (which are defined benefit ...
Verizon's "well-planned and anticipated" move to lower its headcount will offer employees up to 60 weeks of salary, bonuses and benefits, depending on the length of their careers at Verizon, the ...
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