New Pension DVD!
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Get a copy of the DVD by CORRE on the "Failure of the DOE Pension System for Oak Ridge Contractor Retirees."
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Nominations for CORRE Board Members
Terms of several Board
members will expire December 31, 2008, and nominations will be accepted
beginning April 1, with a deadline of June 1. If you would like
to nominate a retiree, please send a very brief summary of the
person’s work experience to Lou Dunlap, Chair, Nominating
Committee, at loudunlapl@comcast.net or mail to 116 Clark Lane, Oak Ridge, TN 37830. A nominee must have agreed to serve, and must be a member of CORRE.
CORRE’s Bylaws were revised in December 2007,
and nominations from the floor at Annual Meetings will not be
allowed. Instead, nomination by petition is now possible.
If you are a retiree who has not been chosen by the
Nominating Committee by August 1 (names chosen will be posted on the
website) and you still wish to be nominated, you may do so by obtaining
the names of 30 CORRE Active Members on a Petition for Nomination and
submitting it by September 1 to the Nominating Committee Chair as shown
above. Copies of the Petition for Nomination are available on this website.
Active Members are those who have contributed at least $20. A list is on this website.
Corre now has a blog. Join in the discussion at
DOE’s Disinformation Regarding Oak Ridge Contractor Pensions & CORRE Response.
Learn about and take action on-
"The failure of DOE pension system for Oak Ridge Contractor retirees." Get the DVD with that title!
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What's wrong with this picture?
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| For years, DOE has denied pension
adjustments to help retirees with inflation even though the fund
surplus is more than enough to pay for needed increases. |
Let your congressmen, the DOE and company executives know that you expected better than this treatment.
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DOE and its contractors in Oak
Ridge have apparently abandoned the practice of granting adjustments,
as was expected from the practice of Union Carbide which set up the
pension program in Oak Ridge.
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Oak Ridge has
been cheated for over 20 years by DOE because it has not made any
appropriated addition to the pension plan. Let your Congressmen know
that you expect Tennesseans to be treated better than this.
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By denying pension adjustments DOE has assured
that they have not had to make a contribution to the Oak Ridge
retirement fund for over 22 years. And yet they routinely make
contributions of 9 - 10% of payroll for retirement programs at some
other sites in other states. Is this a fair and equitable? Of
course not! It is systematic discrimination!
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Learn about the issues regarding Oak Ridge contractor pensions.
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Learn about how unfair DOE and DOE
contractors on Oak Ridge have been when it comes to pensions. Oak Ridge
employees and retirees have been systematically discriminated against
in their pension plans, without any provisions for corrections. Click
on the links below and, in just a few minutes of your time, you will
understand the issues and agree that DOE is not treating Oak Ridge
retirees fairly. Click here for full presentation.
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Summary of the Issues
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Are Oak Ridge, Tennessee DOE contractor
retirees receiving equitable treatment? |
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FACT
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DOE Contractor retirees in Oak Ridge, TN still have one of the poorest defined-benefit pension plans in the DOE Complex.
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FACT
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Current practice in Oak Ridge is to
not use fund surplus (of nearly $600,000,000) to grant retirees
adjustments, but to use the fund surplus to pay for, and improve, the
pensions of all workers hired since 1984, for whom the DOE has not made
a contribution from its budget since 1984.
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FACT
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DOE routinely makes substantial contributions to pensions at DOE sites in other states of 9-10 % of salary.
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FACT
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Retirees have sustained very serious
inflation losses in their pensions while facing huge increases in their
medical insurance premiums.
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CONCLUSION
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DOE and the Contractors need a more
balanced view. On the basis of moral, ethical and equity
considerations, the employees and the retirees both have rights to the
surpluses of the fund. Adjustments are more than justified.
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Take action on these issues.
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Call or write to your U.S. representative and the senators. Here's how!
Write a letter to the editor. Here's how!
Put a bumper sticker on your car. Get them here.
Show the DVD to someone, or give them a copy. Here's how to get it!
Speak to a company manager or executive. Here's how!
Contact the DOE managers. Here's how!
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Back to Top |
Working for Fair, Equitable, and Competitive Benefits
for
12,000 Former K-25, Y-12, and ORNL Employees
Coalition of Oak Ridge Retired Employees
P.O. Box 4266, Oak Ridge, Tennessee 37831-4366
Email: service@corre.info
Comments and corrections on the CORRE website: webmaster@corre.info
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