Hi,
 
I can't draw on mine four another 4 years. Pension fund accrual reduction
was a hot topic for a while.  I tried cashing out but can't for some reason
because of my exit package. I'd think the bean counters would love to cash
out a guy like me rather than have to pay out.

How'd this thread get started ?  Some news I can link to ?

Paul 

-----Original Message-----
From: VM/ESA and z/VM Discussions [mailto:[EMAIL PROTECTED] On
Behalf Of Jim Elliott <[EMAIL PROTECTED]>
Sent: Monday, January 09, 2006 1:04 PM
To: [email protected]
Subject: Re: OT: Be nice to your favorite IBMer...


> Perhaps we should start a community retirement fund for our favorite 
> IBMers. Sounds like they're gonna need it.

David:

The changes vary by geo, but generally are similar world-wide. Note that the
IBM plan is still better than most out there in the new world of "defined
contribution" (DC) plans. For those IBMers (like myself) who are "older" and
still on the old "defined benefit" (DB) plan (at least here in Canada), my
pension is actually going up.

Jim

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