Banner for LRO website

  a proud member of the

Visit our Benefits Team Home Page for assistance

Loading

PENSION BUYOUT CORNER

In this column, the LRO will keep you up to date on what we know about the recent A-L announcement.




RECENT ANNOUNCEMENT BY A-L

On Friday May 9, 2014 the Chief Financial Officer of Alcatel-Lucent made the following announcement during the 1st quarter earnings presentation:

”Announcement of intent to make a onetime offer to approximately 45,000 of our US retirees and former employees and related beneficiaries in our US Management Pension Plan, to convert monthly pension benefit payments into a single, lump-sum payment settling all outstanding pension liabilities relating to such offeree. Offer expected to be made in 2015 and to be exclusively funded out of US pension plan assets.”

The above announcement is all of the information that the LRO has at this time, but we can provide some related information:

  1. In the Annual Funding Notice (AFN) you recently received our Management Pension Plan at 12/31/13 was funded at about 108%.
  2. In the same AFN they reported about 100,000 people in our plan at 1/1/2013. Therefore, the number of 45,000 does not include all of the plan participants. We do not, at this time, have any information about how the selection for the offer will be made.
  3. It is our understanding that if an individual is already retired and receiving a pension that it is voluntary as whether you continue to receive your monthly pension or take a lump-sum. We believe that is covered by ERISA.
  4. At this time we also do not know how they will handle survivor benefits or supplemental pensions in the lump-sum calculation.
  5. We would also want to know what impact this may have on our healthcare benefits and our group life insurance.
  6. A lump-sum payment transfers two risks from the company to the retiree, life expectancy and earnings on the lump-sum. The lump-sum is calculated based on published life expectancy and those who live longer could use up their pension assets. A person taking the lump-sum would need to earn as much on the lump-sum assets as the percentage used to discount the lump-sum.

From the above we caution all of our members to be patient until we know more. Since the offer is not being made to all of our plan participants, it is possible you may not be affected. The LRO Officers will ask for a meeting with the A-L Human Resource people once the formal announcement is made. It is possible that A-L may have a number of meetings to provide additional information and the LRO could have a number of retiree meetings on this matter.


Click here for the latest on pension funding status.


NEW WEBSITE FEATURES

THE HISTORY CORNER

History Corner pieces in our recent newsletters (THE LRO CONNECTION)can be accessed at any time by clicking on the HISTORY CORNER tab on the navigation bar.. We plan to continue with additional pieces on WECO, BTL, and TELETYPE and persons of note. If you have historical information, send to Gary Reichow at greichow@hotmail.com


Information on the Passing of Retirees

Under the "In Memoriam" tab located at the top of this page, the LRO lists the submitted names of recently deceased individuals and, where possible, provides a linkage to an official obituary. Information required and the form to list an individual is contained on the "In Memoriam" page. It is our hope that family members and friends will want to share the passing with former colleagues and take advantage of this service.


Adobe® Reader® is required to view some documents. Please download it for free here.  

LRO MEETS WITH TEXAS RETIREES

DALLAS

The LRO leadership team met with retirees from the Dallas area on June 17th. They discussed health care, pensions, and LRO’ s advocacy role in pushing for congressional actions. The following are links to the slide presentations:

  1. Introduction & Agenda - Joe Dombrowski
  2. Legislative - Bob Martina
  3. Health Care - Ron Hoth
  4. Pension Plan Status - Frank Minter
  5. Pension Lump Sum Offer - Frank Minter
  6. Pension De-Risking - Al Duscher

PRESCRIPTION DRUG INFORMATION FROM RETIREE WORTH NOTING:

The last few years my wife & I entered the Donut Hole. Then we discovered the Drug programs at Walmart, Sam's Club, Walgreens and Osco Drugs.

We seldom get drugs from Medco/Scripts anymore and have saved thousands.

Yesterday my wife's thyroid pills were almost charged to Scripts at $45. When I protested they charged my Osco Drugs "MyRx" rate and the bill for the same pills cost $6. That is way less than my deductible at Scripts.


banner

The LRO Connection spring newsletter is now available for viewing and can be accessed by clicking here. This issue features a summary of the recent meeting between LRO leaders and Alcatel-Lucent Human Resources and Benefit Executives and a pension funding update. The History Corner article honors our retirees who worked at Western Electric Distributing Houses or, as they were later called, Service Centers.


SPECIAL NOTICES TO MEMBERS

Did you opt out?

We regularly inform members by email about important news. If you have mistakenly 'unsubscribed' to one of our emails, you will no longer hear from us unless you re-subscribe. To “re-subscribe”,click here.

If you are not a member of the LRO, click here to join.

If you are a member and wish to change your email address, click here.

Paying Dues

To pay your dues by credit card, click here.


KEEPING YOUR ADDRESS CURRENT WITH A-L

Some of us may have no ongoing need for contact with Lucent whereas others receive healthcare information, W2s, 1099s and other mailings. It is always important to let Lucent know when you change addresses. This would be a good time to do it if you have moved to a new location. Contact Lucent at Alcatel-Lucent Pension Service Center(PSC) @ 866-429-5764.


DISNEY AND MORE

Retirees can use the discounts for a myriad of entertainment opportunities that are available to active A-L employees. Just go to Tickets at Work, the website is www.ticketsatwork.com, and enter company code ALCATEL (all in caps). You can also contact them by phone at 1-800-331-6483.


ALU AVIS CAR RENTAL DISCOUNT

Alcatel-Lucent advises the LRO that retirees are eligible to use the A-L Avis Car Rental discount. Below, is the link that can be used and it will provide the access code to make reservations. However, note that the insurances are not included for personal travel. When renting a car from Avis, just identify yourself as an A-L retiree. https://www.avis.com/car-rental/profile/go.ac?B959890

MEDIA NEWS FOR RETIREES

U.S. health insurers to pay $330 million in premium rebates
By Caroline Humer; Reuters ~ Jul 24, 2014

IRS: Uninsured face fine of nearly $2,500
By Ferdous Al-Faruque; The Hill ~ Jul 24, 2014

The new generation gap is all about money
By Richard Eisenberg; MarketWatch ~ Jul 24, 2014

Social Security's $300M IT project doesn't work
From The Associated Press ~ Jul 24, 2014

No Panic as Obamacare Subsidies Seem Safe for Future
By Alex Wayne; Bloomberg ~ Jul 23, 2014

Obamacare Subsidy Loss May Boost Premiums, Chase Insurers
By Alex Wayne; Bloomberg ~ Jul 23, 2014

Twice As Many Americans Say Obamacare’s Hurting Them As Say It’s Helping

By Sarah Hurtubise; The Daily Caller ~ Jul 23, 2014

AlcaLu, Fujitsu Help Build AT&T's Cloud Network
By Dan Jones; Light Reading ~ Jul 23, 2014

Senate Sets Vote for Highway Funds as Clock Ticks
By Siobhan Hughes, Wall Street Journal – July 23, 2014

U.S. Poised to Label MetLife a Potential Threat to the Financial System
By Ian Katz and Robert Schmidt, Reuters – July 22, 2014

Why more companies want pensions off their books
By Michael Fletcher, Washington Post – July 21, 2014

Democrats still haven't learned Obamacare lesson
By David Nather & Jennifer Haberkorn; Politico ~ Jul 22, 2014

Has Obama Created A New Star Chamber By Rewriting The Law?
By Daniel Fisher; Forbes ~ Jul 22, 2014

Undercover probe finds health law failings
From The Associated Press ~ Jul 22, 2014

White House To Ignore Court Ruling, Keep Handing Out Obamacare Subsidies
By Sarah Hurtubise; The Daily Caller ~ Jul 22, 2014

U.S. court rulings create new uncertainty over Obamacare
By David Morgan & Aruna Viswanatha; Reuters ~ Jul 22, 2014

IRA Rules: What to Do with Inherited Funds
By Gail Buckner; Fox Business ~ Jul 21, 2014

Why Alcatel-Lucent is Ripe for A Turnaround
By JuhiKulkarni; GuruFocus ~ Jul 22, 2014

Moody’s: Highway bill pension changes could mean $51 billion less in contributions
By Hazel Bradford; Pensions & Investments ~ Jul 21, 2014

For Medicare, Good News For Future, Changes In Hospice Rules
From KHN Daily News; Kaiser Health News ~ Jul 21, 2014

Taxpayers Who Bought Health Insurance Through The Marketplace May Need A Checkup
By Kelly Phillips Erb; Forbes ~ Jul 20, 2014

Some seniors win Medicare exemptions for nursing-home coverage in pilot program
By Susan Jaffe; The Washington Post ~ Jul 20, 2014

Before doctors check your vitals, check out theirs
By Lauran Neergaard & Jennifer Agiesta; The Associated Press ~ Jul 20, 2014

To Prevent Surprise Bills, New Health Law Rules Could Widen Insurer Networks
By Robert Pear; The New York Times ~ Jul 19, 2014

10 things retirement communities won’t tell you
By Elizabeth O'Brien; MarketWatch ~ Jul 19, 2014

Medication errors may be common after hospital discharge
By Krystnell Storr; Reuters ~ Jul 18, 2014

New challenge for Obamacare: Enrollees who don’t understand their insurance plans
By Lena H. Sun; The Washington Post ~ Jul 16, 2014

Adult Children and their Parents Aren't Talking About Money...and That's Bad
By Donna Fuscaldo; Fox Business ~ Jul 17, 2014

Social Security: Field offices to verify benefits
By Stephen Ohlemacher; The Associated Press ~ Jul 17, 2014

Harry Reid Lays Groundwork For Quick Highway Trust Fund Passage
By Sam Stein, The Huffington Post – July 16, 2014

AlcaLu's Bell Labs Opens Video R&D Lab in UK
By Michelle Donegan; Light Reading ~ Jul 17, 2014

CBO: Slowing health-care costs yield big savings, but not enough to bring down our big debt
By Lori Montgomery; The Washington Post ~ Jul 15, 2014

Study Finds No Sign That Health Law Has Created Crush Of Medical Demand
From KHN Daily News; Kaiser Health News ~ Jul 16, 2014

Government Spending on Healthcare Projected to Rapidly Increase
By Alyene Senger; The Daily Signal ~ Jul 16, 2014

Yes, there is a retirement savings shortfall
By Alicia H. Munnell; MarketWatch ~ Jul 16, 2014

House passes stop-gap bill to fund transportation through May
By Ashley Halsey III and Juliet Eilperin, Washington Post – July 15, 2014

Survey: More Than 10 Million People Received Help From 'Assisters'
From KHN Daily News; Kaiser Health News ~ Jul 15, 2014

Nurses could manage chronic care on doctors’ orders
By Shereen Lehman; Reuters ~ Jul 15, 2014

What should be in your 'death' file
By Beth Pinsker; Reuters ~ Jul 15, 2014

Some Doctors Refuse To See Obamacare Enrollees
From KHN Daily News; Kaiser Health News ~ Jul 14, 2014

Pension Advances Spell Trouble
By John Wasik; Forbes ~ Jul 14, 2014

ALU's LTE Overlay Network for America Movil in Dominican Republic
By Ray Sharma; Mobile Broadband ~ Jul 14, 2014

Vodafone Group Adds ALU as Supplier of Reference for LTE Metro Cells
By Ray Sharma; Mobile Broadband ~ Jul 14, 2014

The Deadline for Your First Required IRA Distribution
By Tom Herman; The Wall Street Journal ~ Jul 13, 2014

Are you making bad choices with your money?
By Lambeth Hochwald; MarketWatch ~ Jul 13, 2014

Social Security Q&A July 12, 2014: What Social Security's Survivors Planner Won't Tell You About Taking Widows Benefits
By Laurence Kotlikoff; Forbes ~ Jul 12, 2014

This Road Work Made Possible by Underfunding Pensions
By Josh Barro; The New York Times ~ Jul 12, 2014

Watch out for these 3 retirement traps
By Carla Rohlfing Levy; MarketWatch ~ Jul 12, 2014

Boehner's Lawsuit To Target Employer Mandate Delay
From KHN Daily News; Kaiser Health News ~ Jul 11, 2014

Head of US pension agency resigning
By Marcy Gordon; The Associated Press ~ Jul 11, 2014

A New Option In Your Retirement Account: Longevity Insurance
By Erik Carter; Forbes ~ Jul 11, 2014

Court decision looms in subsidy challenge that could unravel ObamaCare
By Barnini Chakraborty; Fox News ~ Jul 10, 2014

New form of U.S. healthcare saves money, improves quality, one insurer finds
By Sharon Begley; Reuters ~ Jul 10, 2014

Older Americans Like Obamacare Plans The Least
By Sarah Hurtubise; The Daily Caller ~ Jul 10, 2014

'Pension Smoothing' Is A Sham
By Len Burman; Forbes ~ Jul 10, 2014

How a parent’s health-care bills could hurt you
By Elizabeth O'Brien; MarketWatch ~ Jul 10, 2014

More Americans are aging in place. Can towns and cities adapt?
By Mark Miller; Reuters ~ Jul 10, 2014

The New 401(k) Income Option That Kicks In When You’re Old
By Linda Stern, Reuters – July 1, 2014

Opinion: 3 Smart Fixes for Social Security and Medicare
By Phillp Moeller, Time.Com – July 9, 2014

One Bold Democrat Has a Crazy Plan to Expand Social Security
By Tess VandenDolder, InTheCapital – July 10, 2014

10Gbps speeds over copper
By Hadlee Simons, iAfrica – July 10, 2014

Judge to mull senator's suit over health exchanges
By Todd Richmond; The Associated Press ~ Jul 06, 2014

Democrats Abandoning Obamacare's Employer Mandate
By Sandy Fitzgerald; Newsmax ~ Jul 06, 2014

The Health Care Waiting Game
By Elisabeth Rosenthal; The New York Times ~ Jul 05, 2014

The Latest In Medical Convenience: ER Appointments
By Anna Gorman & Victoria Colliver; Kaiser Health News ~ Jul 03, 2014

Supreme Court ruling revives ObamaCare backlash
By Jim Angle; Fox News ~ Jul 04, 2014

New Rules To Help Avoid Outliving Your Money
By Richard Eisenberg; Forbes ~ Jul 03, 2014

Medicare Announces 2015 Fee Schedule
By Joyce Frieden; MedPage Today ~ Jul 03, 2014

Hospitals to Get 2.1% Pay Boost on Medicare Outpatients
By Alex Wayne; Bloomberg ~ Jul 03, 2014

Hospitals Are Mining Patients' Credit Card Data to Predict Who Will Get Sick
By Shannon Pettypiece & Jordan Robertson; Bloomberg Businessweek ~ Jul 03, 2014

Should you negotiate your copays?
By Quentin Fottrell; MarketWatch ~ Jul 02, 2014

Alcatel-Lucent (ALU) Reports Results of EUR210.4M Notes Tender
StreetInsider ~ Jul 03, 2014

CMS proposes changes to reduce Medicare home payment
By Ferdous Al-Faruque, The Hill – July 1, 2014

A Modest Step To Improve Medicare Post-Acute Care
By Howard Gleckman, Forbes – July 2, 2014

Opinion: Congress is* in session
By Dana Milbank, Washington Post – July 1, 2014

Health-care exchanges are not properly ensuring applicants’ eligibility, probe finds
By Amy Goldstein; The Washington Post ~ Jul 01, 2014

Report: Health law sign-ups dogged by data flaws
By Ricardo Alonso-Zaldivar; The Associated Press ~ Jul 01, 2014

Proposal To Add Skimpier ‘Copper’ Plans To Marketplace Raises Concerns
By Michelle Andrews; Kaiser Health News ~ Jul 01, 2014

Retirees may be ignoring their biggest assets
By Anne Tergesen; MarketWatch ~ Jul 01, 2014

Alcatel-Lucent Is a Turnaround Worth Buying
By Vinay Singh; GuruFocus ~ Jun 30, 2014

Employer Health Coverage Cheaper Than Government Programs — But Obamacare Will Explode Costs
By Sarah Hurtubise; The Daily Caller ~ Jun 30, 2014

Revised GDP number raises more questions
By Bill Gunderson; MarketWatch ~ Jun 30, 2014

Diamonds to dinosaurs: NJ towns struggle under weight of massive office park vacancies
By Stephen Stirling/The Star-Ledger on June 29, 2014

Paging Nurse Practitioners As Demand Soars Under ObamaCare
By Bruce Japsen; Forbes ~ Jun 29, 2014

Supply won't meet growing demand for primary care
By Kaitlyn Krasselt & Jayne O'Donnell; USA TODAY ~ Jun 29, 2014

Insulating Your Assets From Lawsuits
By Jonathan Clements; The Wall Street Journal ~ Jun 29, 2014

Calling Social Security? Expect a Wait.
By Jennifer Waters; The Wall Street Journal ~ Jun 29, 2014

UnitedHealth drops more physicians from its Medicare Advantage network
By Rachael Zimlich; Medical Economics ~ Jun 27, 2014

Federal Health-Exchange Plans to Automatically Renew
By Louise Radnofsky; The Wall Street Journal ~ Jun 27, 2014

The Future Of Healthcare Is Less Privacy
By Adam Ozimek; Forbes ~ Jun 27, 2014

3 Questions You Need To Ask A Financial Advisor
By Erik Carter; Forbes ~ Jun 27, 2014

5G Will Give Operators Massive Headaches – Bell Labs
By Robert Clark; Light Reading ~ Jun 27, 2014

Plan to streamline health law re-enrollment
By Associated Press; The Washington Post ~ Jun 26, 2014

U.S. healthcare profit outlook brightens on Obamacare, drug prices
By Caroline Valetkevitch; Reuters ~ Jun 26, 2014

Report: Many Obamacare Customers Will Have To Switch Plans Or Face Skyrocketing Costs
By Sarah Hurtubise; The Daily Caller ~ Jun 26, 2014

Why the latest GDP numbers are simply baffling
By Chris Matthews; Fortune ~ Jun 26, 2014

Economy in First Quarter Was Worse Than Everybody Thought
By Neil Irwin; The New York Times ~ Jun 25, 2014

Difficult Obamacare Measures Lead to Swing in GDP Reading
By Eric Morath & Louise Radnofsky; The Wall Street Journal ~ Jun 25, 2014

How Obamacare screwed up first-quarter U.S. growth estimates
By Jeffry Bartash; MarketWatch ~ Jun 25, 2014

Obamacare mired by lawsuits challenging fundamentals
By Tom Howell Jr. ; The Washington Times ~ Jun 25, 2014

Frailty Risk -- More than Just Long-Term Care and Health Care Expenses
By Jamie Hopkins; Forbes ~ Jun 25, 2014

Poll: 5 Percent of 2013 Uninsured Now Have Coverage
From KHN Daily News; Kaiser Health News ~ Jun 25, 2014

Obamacare’s Looking Even Better For Big Insurers, While Most Customers To See Rate Hikes
By Sarah Hurtubise; The Daily Caller ~ Jun 23, 2014

Health-care inflation heating back up
By Russ Britt; MarketWatch ~ Jun 24, 2014

As health-care law’s employer mandate nears, firms cut worker hours, struggle with logistics
By Sandhya Somashekhar; The Washington Post ~ Jun 23, 2014

Alcatel-Lucent Announces Tender Offer To Buy Back Certain Securities
By Staff Writer; RTT News ~ Jun 24, 2014

An Obamacare Premium Dilemma
By Chris Jacobs; The Wall Street Journal ~ Jun 23, 2014

Consumers demanding health price transparency, but it’s slow in coming
By Russ Britt; MarketWatch ~ Jun 23, 2014

U.S. Steps Up Probes of Deals to Block Generic Drugs
By David McLaughlin; Bloomberg ~ Jun 23, 2014

1 in 4 Of Us Has No Emergency Savings, Here's How to Reverse That
By Kathryn Buschman Vasel; Fox Business ~ Jun 23, 2014

More Than 750 Hospitals Face Medicare Crackdown On Patient Injuries
By Jordan Rau, KHN; The Washington Post ~ Jun 22, 2014

What to Do When Your 401(k) Has Pretax and After-Tax Contributions
By Karen Damato; The Wall Street Journal ~ Jun 22, 2014

What You Don't Know About Social Security—but Should
By Glenn Ruffenach; The Wall Street Journal ~ Jun 22, 2014

Health Insurers Pressing Down on Drug Prices
By Andrew Pollack, New York Times – June 20, 2014

Judge orders Treasury to produce Delphi documents in pension suit
By David Shepardson; The Detroit News ~ Jun 20, 2014

New health chief revamps HealthCare.gov
By Ricardo Alonso-Zaldivar; The Associated Press ~ Jun 20, 2014

Left: Obamacare Rate Shock Doesn't Matter, Because Other People's Money Will Pay For It
By Avik Roy; Forbes ~ Jun 19, 2014

Poll: Many still struggle to pay health premiums
By Ricardo Alonso-Zaldivar; The Associated Press ~ Jun 20, 2014

Obama nominates new Social Security chief
By Matthew Heimer; MarketWatch ~ Jun 20, 2014

Survey: Customers More Satisfied With So-Called Junk Plans Than Obamacare Health Coverage
By Sarah Hurtubise; The Daily Caller ~ Jun 19, 2014

Popular Obamacare plans will see premiums rise in at least 8 states: study
By Russ Britt; MarketWatch ~ Jun 18, 2014

Report: Obamacare Subsidies Likely To Cost Billions More Than Expected
By Sarah Hurtubise; The Daily Caller ~ Jun 18, 2014

FAQ: Hospital Observation Care Can Be Costly For Medicare Patients
By Susan Jaffe; Kaiser Health News ~ Jun 18, 2014

What you need to know about long-term care insurance
By Kathy Kristof; CBS News ~ Jun 18, 2014

6 Signs You May Need To Recalibrate Your Retirement Road Map
By Rebecca Reisner; Forbes ~ Jun 18, 2014

AlcaLu: Going With the Flow
By Dan Jones; Light Reading ~ Jun 18, 2014

Alcatel-Lucent, net mobile AG to Enhance Video On-The-Go
By Equity Research; Zacks ~ Jun 18, 2014

Insurers Push Back Against Growing Cost Of Cancer Treatments
By Julie Appleby; Kaiser Health News ~ Jun 17, 2014

U.S. healthcare law tied to benefits for young adults
By Andrew M. Seaman; Reuters ~ Jun 17, 2014

Social Security Agency Cuts Services as Demand Grows, Senate Report Says
By Robert Pear; The New York Times ~ Jun 17, 2014

Say What? Many Patients Struggling To Learn The Foreign Language Of Health Insurance
By Anna Gorman; Kaiser Health News ~ Jun 16, 2014

US Health-Care System Ranked Last In Survey, But Will Obamacare Help?
By Sarah Hurtubise; The Daily Caller ~ Jun 16, 2014

Electronic health records: A 'clunky' transition
By Arthur Allen; Politico ~ Jun 16, 2014

A Three-Step Plan for Retirement Withdrawals
By John Wasik; Forbes ~ Jun 16, 2014

Do you have money outside the U.S.? You may owe the IRS $10,000
By Eva Rosenberg; MarketWatch ~ Jun 16, 2014

Seniors' use of potent meds via Medicare staggering
By Peter Eisler, USA Today – June 10, 2014

Alcatel-Lucent says will meet 1 bln asset disposal target
By Gwenaelle Barzic; Reuters ~ Jun 13, 2014

Alcatel-Lucent enters second phase of Shift plan
Telecompaper ~ Jun 13, 2014

Obamacare-Forced Narrow Networks Will Spread To The Whole Country, Expert Warns
By Sarah Hurtubise; The Daily Caller ~ Jun 12, 2014

Let's At Least Make Sure People Receiving Obamacare Subsidies Are Eligible For Them
By Rep. Diane Black; Forbes ~ Jun 12, 2014

Testimony: Obamacare Plans Limit Patient Access to Expensive Drugs
By Patrick Howley; The Daily Caller ~ Jun 12, 2014

Retiree health-care tab: $220,000, says Fidelity
By Elizabeth O’Brien; MarketWatch ~ Jun 12, 2014

US pushing local cops to stay mum on surveillance
By Jack Gillum & Eileen Sullivan; The Associated Press ~ Jun 12, 2014

Inherited IRAs in play for bankruptcy creditors: U.S. high court
By Nick Brown; Reuters ~ Jun 12, 2014

Alcatel-Lucent's Cassidy Shield: The need to overhaul OSS
By Scott M. Fulton, III; Fierce Enterprise Communications ~ Jun 12, 2014

Insurers Press Obama Admin To Let Them Expand Obamacare Insurance Offerings
By Sarah Hurtubise; The Daily Caller ~ Jun 11, 2014

Health Care Remains Drag for Democrats as 53% Oppose Law
By John McCormick; Bloomberg ~ Jun 11, 2014

U.S. healthcare data points to much weaker first-quarter GDP
By Lucia Mutikani; Reuters ~ Jun 11, 2014

Americans See Nation on Wrong Track as Own Goals Closer: Poll
By Mike Dorning; Bloomberg Businessweek ~ Jun 11, 2014

Obama Admin To Spend Another $60 Million On Obamacare Navigators
By Sarah Hurtubise; The Daily Caller ~ Jun 10, 2014

Tax Expert: Obamacare Screw-ups To Make Next Tax Season ‘Most Chaotic In Years’
By Sarah Hurtubise; The Daily Caller ~ Jun 10, 2014

A Health Insurer Calls, With Questions
By Ann Carrns; The New York Times ~ Jun 10, 2014

Surprise: Even wealthy retirees live on Social Security and pensions
By Mark Miller; Reuters ~ Jun 10, 2014

Holmdel to PILOT for Bell Labs site
By Kenny Walter; Independent ~ Jun 10, 2014

Bell Labs honors past by moving forward
By Keith Heumiller; Independent ~ Jun 10, 2014

Healthy seniors tested in bid to block Alzheimer's
By Lauran Neergaard; The Associated Press ~ Jun 09, 2014

3 ways to avoid outliving your nest egg
By Glenn Ruffenach; MarketWatch ~ Jun 09, 2014

The financial costs of aging in place
By Amy Hoak; MarketWatch ~ Jun 09, 2014

Alcatel-Lucent leverages customer analytics engine for operational support systems
By Scott M. Fulton, III; Fierce Enterprise Communications ~ Jun 09, 2014

The Health-Care Industry Is Pushing Patients to Help Themselves
By Laura Landro; The Wall Street Journal ~ Jun 08, 2014

By Sarah Hurtubise; The Daily Caller ~ Jun 06, 2014

HealthCare.gov Getting A Makeover While Back-End Construction Is Behind
By Sarah Hurtubise; The Daily Caller ~ Jun 06, 2014

Obama administration revamps federal healthcare website: WSJ
By Shailaja Sharma; Reuters ~ Jun 05, 2014

4 ways to evaluate alternative health coverage
By Tom Murphy, AP; Bloomberg Businessweek ~ Jun 06, 2014

Investing For Retirement, Even If You're Scared
By Paul Katzeff; Investor’s Business Daily ~ Jun 06, 2014

For Some Retirees, a Second Act Is Easier Than Expected
By Abby Ellin; The New York Times ~ Jun 06, 2014

Report Touts Pre-Obamacare Premium Hikes As Obamacare Pledge To Lower Costs Abandoned
By Sarah Hurtubise; The Daily Caller ~ Jun 05, 2014

CBO: Millions will dodge ObamaCare fines
By Elise Viebeck; The Hill ~ Jun 05, 2014

Burwell Approved as U.S. Health Chief With Obamacare Goal
By Alex Wayne; Bloomberg ~ Jun 05, 2014

Obamacare Update: Now EVEN MORE States Report Double-Digit Premium Hikes
By Sarah Hurtubise; Fox News ~ Jun 03, 2014

States Scramble To Pay Hefty Tab For Health Exchange Fixes
From KHN Daily News; Kaiser Health News ~ Jun 04, 2014

Now application 'inconsistencies' vex health law
By Ricardo Alonso-Zaldivar; The Associated Press ~ Jun 04, 2014

Front-Runner To Head VA Predicts Obamacare Will Lead To Single-Payer
By Chuck Ross; Fox News ~ Jun 03, 2014

Have Enough Dough For Retirement? First Think About the Kind of Life You Want
By Neil Cavuto; Fox Business ~ Jun 04, 2014

GOP wants names of HHS officials involved in botched state exchanges
By Elise Viebeck; The Hill ~ Jun 03, 2014

How Website Woes Foiled Obamacare a Second Time
By Rebecca Adams; Roll Call ~ Jun 03, 2014

Doctors lean more left, political donations show
By Lindsey Tanner; The Associated Press ~ Jun 02, 2014

Health Savings Accounts Can Double as Shadow IRAs
By Peter S. Green; The Wall Street Journal ~ Jun 02, 2014

Alcatel Offers $1.4 Billion Convertible Bonds to Repay Debt
By Marie Mawad; Bloomberg ~ Jun 02, 2014

Medicare Advantage grows, defies forecasts
By Glenn Ruffenach; MarketWatch ~ Jun 02, 2014

Medicare Could Save Billions By Scrapping Random Drug Plan Assignment
By Julie Rovner; Kaiser Health News ~ Jun 02, 2014

Fourteen Ways to Avoid Paying Capital Gains
By David John Marotta; Forbes ~ Jun 01, 2014


LOCAL RETIREE NEWS

WECO SAGE is a group formed by computer pioneers who worked for Western Electric Company in the 1950s and 1960s installing an Air Defense System for the United States Air Force. The members of this Group have maintained their personal, and in some cases professional, relationships for over 50 years. The Group, whose members once numbered in the hundreds, meet on an annual basis at different locations throughout the country. The 2014 meeting of the WECO-SAGE Alumni Group was held from May 15th through the 18th at the Hampton Inn Historic District in downtown Bradenton, Florida. Contact Ron Trettau.


Club WECO-AT&T-Bell Labs-Lucent Technologies-Teletype-NCR-ALU. This group is intended primarily as a forum to connect (network) and maintain communication between past and/or current members. Our reunion was held on Friday July 18th, 2014, at the Mullens Bar and Grill in Lisle (Naper blvd. and Warrenville Rd.) Video of the event is here. Contact Jim Simak. Our winter reunion will probably be Friday December 12th.......default is Mullens unless you hear otherwise.


eX TELETYPE is for ex-Teletype Employees to keep in touch. Teletype Corp. was located in Skokie, IL and Little Rock, AK. Contact John Furno. The Spring get-together was held at Riggio's Pizza Restaurant on Tuesday, May 13, 2014.


lucent5-5 is for Lucent retirees who took the special 5+5 voluntary retirement on July 13, 2001 (or wish they could have!). Its purpose is to keep in touch, to help provide support for working with the Lucent Pension folks, and to talk about Lucent in general. To subscribe, send an email to lucent5-5-subscribe@yahoogroups.com.


PCLUCENTALUM This group was set up to facilitate communication between ex-Lucent employees in Northern California. Send email to pclucentalum@yahoogroups.com