Co-Chair Helen Quirini. Retired
from General Electric Company in 1980 after thirty-nine
years of service. As a member of Local #301, Helen served
as shop steward, executive board member, recording secretary,
and treasurer. As president of Local #301 IUE-AFL-CIO's
Retiree Council for the past 14 years
Helen is also a representative on a number of community
agencies, and active in several senior citizen groups. In
1978 she was recipient of the "Joseph A. Beirnie Award"
from the national United Way to honor outstanding labor
leaders.
H. Quirini
Co-Chair Kevin D. Mahar. Retired
from GE after 33 years service. Former President of IUE
Local 201 and elected for 21 years as a full-time representative
of Local 201 members. Kevin holds the distinction of being
the longest serving elected president of Local 201. He is
President Emeritus of the AFL-CIO North Shore Labor Council
and past Vice-President of AFL-CIO Massachusetts State Labor
Council.
Kevin is an activist who continues to work for his community,
serving on many board of directors such as the YMCA.
K. Mahar
MISSION: 1. Persuade
GE to share our huge pension fund and its $15.8 billion dollar
surplus. 2. Provide a lump sum make-up for the lack of past cost-of-living
increases. 3. Provide annual, automatic COLAs to assure retirees
maintain their purchasing power. 4. Designate a retiree/union
representative on the GE pension trust fund to assure adequate
retiree representation. 5. Remain vigilant to defeat corporate
sponsored legislation that would diminish or delete our pension
funds or health insurance, and to advocate for legislation for
the availability, protection and improvement of pensions.
CURRENT ISSUES: Our
retirees will continue demonstrations for an annual COLA which
GE has not contributed to our pension fund since 1987. That year
our fund value was $17.2 billion; in 1997, it was worth $38.7
billion; and as of the beginning of 1999, the GE fund had soared
to $43.447 billion. THE CURRENT SURPLUS ESTIMATES ARE ALMOST $16
BILLION AND GROWING! Without any cost to its Treasury, all GE
retirees' pensions could be elevated on an ongoing basis to ensure
their purchasing power.
DONATIONS: Donations
of $12, or more if you can afford it, are being sought. Make donations
to "GE RETIREES' JUSTICE FUND," c/o Helen Quirini, 23917
Hamburg Street, Schenectady, NY 12303
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.
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