Coalition of Oak Ridge Retired Employees
Minutes of Board Meeting on August 20, 2014, 10:00 a.m., Oak Ridge Senior Center
Present: Bradshaw, Cates (Steve), Cates (Shirley) Hightower, Kibbe, Mason, McGrory, Moore, Morrow, Peterson, Reichle, Rogers, Setaro, Shults, Stow, Toedte, Worrell, Whitley, Willard, Kuykendall (visitor).
Absent: Napier, White, Whitehead.
1. Call to Order. President Dave Mason called the meeting to order at 10:00 a.m.
2. Approval of Minutes. Approval of Minutes from July 16 meeting. A motion was made, seconded, and passed to approve the minutes, as distributed. Stow noted that some Board members had been unable to open the attachment containing the July minutes when distributed earlier. Hightower will work with Stow to try to figure out what the problem is so it will not occur again.
3. Treasurer’s Report. Mason delivered the report (previously distributed), as White was absent. Cash-on-hand totals $23,838 and there were no new members in July. A question was raised concerning current interest rates on CORRE’s invested assets; Mason will speak with White regarding making certain the best rate is being realized.
4. Electronic Vote for Officers and Members. Mason explained the need for the electronic vote (based on CORRE’s bylaws) and noted that he had asked Stow to prepare a “Tally” of the votes for the record. The tally was passed around and is included with these minutes of the meeting.
5. Contractor Contacts.
a. URS/CH2M Oak Ridge LLC (UCOR) (Pete Peterson/Dwight Morrow). Peterson reported on his meeting with UCOR management and said that there is no change in benefits, although there had been a small number of minor benefit adjustments (probably one-time) due to Social Security payments; after discussion it was suggested that comparisons should be made with other sites. (Shults at ORNL and Bradshaw at NSPS).
b. National Strategic Protective Services (NSPS) (Mike Bradshaw/Jim Rogers). Bradshaw and Rogers met with the NSPS benefits manager; a DOE Order is available for those interested in details of current benefits package.
c. Y-12 (Bob Worrell/Ken Moore). Worrell noted an issue related to consolidation of benefits with those for Pantex, but there has been no such progress. A medical plan for those retirees over 65 years in age (similar to ORNL’s) has been discussed, but not yet announced. Worrell is still working toward a meeting with management.
d. ORNL (Dub Shults/Mike Willard). Shults reported on a meeting held with ORNL Benefits Management. There was considerable discussion at the CORRE meeting on the possibility of the pension fund reaching 100% by 2017. The impact life expectancy tables may have on the Fund, and on the “spousal option” initiative of CORRE, were the center of discussion It was felt changes in the Spousal Option must be undertaken prior to new expectancy tables being issued and that such changes must be initiated at the contractor level (rather than DOE level). Mason will call a special meeting in September for discussion of the Spousal Option.
6. Committee Reports.
a. Communications (Judy Kibbe). Kibbe distributed copies of a CORRE brochure done several years ago and asked for comments so the brochure could be revised. She also distributed copies of a DVD done a few years ago on CORRE. There is no plan presently to reissue the DVD.
b. Website (Dub Shults/Ross Toedte). Minutes of the July CORRE meeting have been posted.
c. Planning (Garry Whitley). No report.
d. Health Insurance Issues (Steve Cates). No report.
e. Nominations (Mike Bradshaw). No update, as new members and officers have been approved by the CORRE Board.
f. Annual Meeting Planning (Steve Cates). Cates will hold a meeting on this after the Board meeting concludes.
g. Bylaws Review (Joe McGrory). McGrory reported that copies of by-laws revisions will be distributed soon.
7. Adjournment. Mason adjourned meeting at 10:57.
Steve Stow, CORRE Secretary