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The association represents active Verizon employees regarding retiree issues such as cash balance plan conversions and termination of management pension and healthcare benefits .
The Complaint alleged that the WorldCom Retirement Plan administrators were WorldCom insiders who knew or had reason to know that the price of WorldCom stock was artificially high because public statements concerning the Company's business and prospects were false or misleading to investors. When the facts became public, the stock plummeted, thus resulting in the near total loss of retirement ...
GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), [1] was the largest independent telephone company in the United States during the days of the Bell System. The company operated from 1926, with roots tracing further back than that, until 2000, when it was acquired by Bell Atlantic; the combined company took the name Verizon .
To conduct a direct rollover, you must communicate with your retirement plan administrator. The administrator is usually a separate company from your employer.
Verizon (NYS: VZ) is seeking retirement help -- or, more specifically, help for its retirees. Yesterday, Big Red announced plans to transfer $7.5 billion of its $30 billion in pension obligations ...
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 ...
The American Society of Pension Professionals & Actuaries ( ASPPA) is a national organization for career retirement plan professionals. The membership consists of the many disciplines supporting retirement income management and benefits policy. ASPPA represents those who have made a career of retirement plan and pension policy work.
Prudential signs pension risk transfer agreement with Verizon Communications Inc. NEWARK, N.J.--(BUSINESS WIRE)-- The Prudential Insurance Company of America, a Prudential Financial, Inc. company ...
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