FINANCIAL SURGERY

How Cuts in Retiree Benefits Fatten Companies' Bottom Lines.

By ELLEN E. SCHULTZ & THEO FRANCIS
Staff Reporters of
THE WALL STREET JOURNAL









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GE Retirees' Justice Fund with updated materials

Visit the GE Hall of Shame
UPDATED!


See how GE makes money from its retirees
UPDATED!

Learn about the GE retirees

Association of Former Pan Am Employees


Would you be willing to swallow the PBGC's bitter pension pill?


Read AFPAE's letter to Congress

Learn about the Association of Former Pan Am Employees

 

 

MICHAEL S. GORDON

On Sunday, February 1, 2004, MICHAEL S. GORDON, of Bethesda, MD. Beloved husband of Sonya Gordon; devoted father of Elizabeth Gordon Jonckheer (Willem); cherished grandfather of Katherine and Anna. Funeral services will be held on Wednesday, February 4, 10:30 a.m., Washington Hebrew Congregation, 3935 Macomb St., NW, Washington, DC. Interment Garden of Remembrance, Clarksburg, MD. Shiva to be announced at service. In lieu of flowers, expressions of sympathy in his memory may be made to the Pension Rights Center, Washington, DC. Arrangements by DANZANSKY-GOLDBERG MEMORIAL CHAPELS, INC., 301-340-1400.
This ad appeared in The Washington Post on 2/3/2004.

Guest Book

Atty Mike Gordon was a leading Technical Advisor to our Coalition for Retirement Security-CRS, a national, all volunteer, grass roots org.
Mike was also a champion to pensioners when he led the effort in writing the Employee Retirement Income Security Act-ERISA legislation. I knew Mike from the 70's when I was Co-Chair of the pre-ERISA Pension Losers' Committee,(grass roots) and then co-chair of the Citizens' Commission on Pension Policy,another grass roots org, established in '79 to shadow and have input on the Presidents' Commission on Pension Policy, born during the Carter administration.  Mike also played a significant role in helping form the National Retiree Legislative Network-NRLN, a legislative off-shoot of the CRS.  Mike also served on the advisory board of the Pension Rights Center in Washington, DC.
Mike Gordon will be missed by all of us.

Paul R. Edwards, Chair-Coalition for Retirement Security,CRS

 



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Deferring Compensation Also Creates
A Company Debt to Executives

By THEO FRANCIS and ELLEN E. SCHULTZ
June 23, 2006; Page A8

Hidden Burden
As Workers' Pensions Wither,
Those for Executives Flourish

By ELLEN E. SCHULTZ and THEO FRANCIS
June 23, 2006; Page A1

Richard Brooks, Pension Rights Activist, Dies


We are sad to report Richard Brooks, President of the Association of Former Pan Am Employees Inc., (AFPAE) passed away September 6, 2003. He leaves behind a wonderful legacy and will be missed by all who knew him.

Michael S. Gordon
Washington Post February 1, 2004

Michael S Gordon Leading Technical Advisor to our Coalition for Retirement Security, passed away Febuary 1, 2004.

Companies Limit Health Coverage of Many Retirees
By MILT FREUDENHEIM, New York times

Companies consider pension freezes
January 1, 2004
By Christine Dugas , USA TODAY

A resurgent stock market has failed to reduce pension shortfalls, prompting more than a third of U.S. companies with a pension plan to say they'll freeze benefits.(There is more)

Is there a pension crisis?
November 18, 2003
By Theo Francis and Ellen E. Schultz

Staff Reporters of
THE WALL STREET JOURNAL

Failed Pensions:
November 12, 2003
A Painful Lesson In Assumptions

GE just announced a one time, extra monthly pension check, or a "13th check,"
November 3 , 2003

 

 


House Moves to Prevent Proposed Pension Rules
September 10, 2003
Wall Street Journal

 

Many Ties Link Pension Lobby To Regulators
September 10, 2003
Wall Street Journal