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THE LUCENT RETIREES ORGANIZATION (LRO) was chartered in January 2003 in the state of New York. Its purpose is to address the interests of 127,000 individuals under the Lucent pension plan that embodies all Lucent and Bell Labs retirees, including those who retired when the company was known as Western Electric and/or AT&T Network Systems, plus subsidiaries such as Teletype and Sandia.

The LRO was formed to leverage members' Lucent stock ownership power, their long-standing and influential relationships not only with Lucent but with Lucent's customers and their influence with lawmakers and regulators. The LRO wants to assist Lucent in returning to its former position as the premier telecommunications leader in the world.

The organization endeavors to safeguard the pensions and benefits that Lucent has committed to provide its retirees, spouses and dependents. In addition, the LRO helps its members and their families with issues relating to their pensions, benefits, Social Security, Medicare and other aspects that impact their quality of life.

We currently have over 12,000 members. LRO membership is open to current retirees with a Lucent pension, a person vested for a Lucent pension, or the spouse of any such retiree or vested person. The LRO is incorporated as a non-profit organization. JOIN US to become an LRO member.


 

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, enter your email address and click on the box below. If you are not a member of the LRO, click here to join.



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RETIREE MEETINGS IN THREE CITIES

LRO LEADERSHIP TO HOST RETIREE INFORMATION CONFERENCES AND MEET WITH LUCENT RETIREES IN Kansas City, Baltimore and Chicago Areas.


Are you concerned about the current state of Lucent Health Care and Pension funds? Are you seeking to learn more about the current state of the offered Health Care Programs, current-funding levels of the Pension program, and our 2012 Legislative agenda? Are you interested in meeting the LRO leadership team? Then this is your opportunity to learn and ask your questions to the LRO leaders.


Mark your calendar for:

Monday May 7th, 2012 in Kansas City, Mo.
Wednesday May 9th, 2012 in Chicago, Il.
Wednesday May 16th, 2012 in Towson, Md.

We will be offering two Information Sessions at each location, starting at 9 AM and 1 PM. The sessions will last approximately 3 hours.

 

THE LRO LEADERSHIP TEAM will be on-hand for these special meetings to meet with you and to help address your concerns and questions. Joe Dombrowski President, will introduce LRO plans and initiatives, Ron Hoth will discuss Health Care Benefits, Frank Minter will review current funding of the Pension Trust, and Bob Martina will present the LRO/NRLN advocacy role.


We urge all Lucent retirees to come join us for these special conferences. Bring your Lucent retiree friends, including those who may not yet be LRO members. Let’s make this a very informative reunion and a chance to come together to learn more about Healthcare, Pension funding and the LRO’s advocacy role. To assure adequate planning, RSVP’s are important.

 

Click here to register online with names and number of attendees. Those without e-mail access should call the numbers shown on the invitation.



LUCENT RETIREE MEDICAL SETTLEMENT
Update as of April 20, 2012

On Friday, April 20, 2012, the attorneys for the retirees filed a Fourth Status Report Re: Settlement Distribution to update the Court on the progress of the settlement distribution and the ongoing investigation of the eligibility of approximately 450 additional households to receive settlement payments.

As detailed in the Report, as of April 18, 2012 class members have cashed settlement checks representing 93.67% of the funds being distributed. The Report provides additional information about (1) the steps being taken for the remaining uncashed checks, including robocalls and mailings to households that were issued the checks, (2) additional payments mailed out on April 18, 2012 to 15 households which previously had been under investigation, and (3) the completion of the review and payment to the approximately 450 households which have been under investigation for eligibility.

You can review the Fourth Status Report by clicking on this link.

 


Lucent Medical Settlement
Update as of 2/24/12

Class members have cashed settlement checks representing 92% of the funds being distributed. The Court approved the additional steps that are being taken to locate class members and others who are entitled to receive the remaining uncashed settlement checks.

The next status report will be filed on April 20, 2012.

Please note that routine issues about settlement administration, such as requests to reissue checks, should continue to be directed to the settlement administrator, either by email to LucentRetirees@Heffler.com, or by phone to 1-888-229-4969.

 


The LRO Connection Spring Newsletter,

featuring an updated look at pension funding and other items of interest to our retirees is now available for viewing. The History Corner article features a look back at the Indianapolis Works. Click here to access the newsletter.

 


MEDIA NEWS FOR RETIREES

Medicare Advantage Reform: Detaching Pay from Performance
By Robert Book; Forbes ~ May 17, 2012

Opinion: Alcatel-Lucent Has Upside Of 100-300%
From “Global Value Investor”; Seeking Alpha ~ May 17, 2012

Backroom Obamacare deal probed by GOP
By Neil Munro; The Daily Caller ~ May 16, 2012

Alcatel Can Take ‘Core’ Router Share from Cisco, Juniper, Says Nomura
By Tiernan Ray; Barron’s ~ May 16, 2012

Insurers Face $1 Trillion Revenue at Stake in Health Law
By Alex Wayne, Bloomberg – May 14, 2012

Health Exchanges' Sharing of Patient Data Heightens Privacy Concerns
By Jordan Robertson; Bloomberg ~ May 15, 2012

Business leaders urge permanent pension funding relief
By Hazel Bradford; Pensions & Investments ~ May 15, 2012

How Older Workers Weather Layoffs
By Motoko Rich; The New York Times ~ May 15, 2012

Stage 2 meaningful use rules sharply criticized by physicians
By Charles Fiegl ; American Medical News ~ May 14, 2012

Coping with rising retiree medical costs
By Steve Vernon; CBS News ~ May 14, 2012

Alcatel: Citrix-Ready Could Mean It's A 5-Bagger
From “Stock Croc” ; Seeking Alpha ~ May 14, 2012

Opinion: Alcatel-Lucent Short Sale Target Price: One U.S. Dollar
By Tim Plaehn; Seeking Alpha ~ May 14, 2012

How Employer-Sponsored Insurance Drives Up Health Costs
By Avik Roy; Forbes ~ May 12, 2012

If Obamacare survives, employers may do it in
By Geoff Colvin; Fortune ~ May 11, 2012

Insurers Must Credit Rebates to Health Law
By Louise Radnofsky; The Wall Street Journal ~ May 11, 2012

Progress Made on How Medicare Pays Doctors
By Louise Radnofsky, Wall Street Journal- May 9, 2012

Holmdel moves to control Alcatel-Lucent redevelopment
By Mike Davis; Independent ~ May 10, 2012

Is Alcatel-Lucent a Buffett Stock?
By Ilan Moscovitz; The Motley Fool ~ May 09, 2012

The Retiree Health Cost Price Spiral
By Kelly Greene; The Wall Street Journal ~ May 09, 2012

Patients Share Of Expensive Specialty Drugs Is Rising
By Michelle Andrews; Kaiser Health News ~ May 07, 2012

Alcatel-Lucent Upside 100%, Cisco Upside 50%
From Global Value Investor; Seeking Alpha ~ May 07, 2012

The continued decline of Alcatel-Lucent: A wakeup call
By A. Michael Noll; FierceTelecom ~ May 08, 2012

Medicare modifies ordering, referring rules for physicians
By Charles Fiegl; American Medical News ~ May 07, 2012

Health Care Increasingly Out Of Reach For Millions Of Americans
By Phil Galewitz; Kaiser Health News ~ May 07, 2012

Medicare Covers In-Home Care
By Anne Tergesen; The Wall Street Journal ~ May 06, 2012

Alcatel-Lucent brings 40G to the core
By Jim Duffy; Network World ~ May 07, 2012

Rivlin On Medicare And The Debt: ‘We Know What To Do’
By Christian Torres; Kaiser Health News ~ May 04, 2012

Get your social security benefits online
By Althea Blackwell; Examiner ~ May 05, 2012

Best Tax Deductions On Chopping Block?
By Robert W. Wood; Forbes ~ May 04, 2012

The terrible cost of not having a will
By Michelle Singletary; The Washington Post ~ May 01, 2012

Picking a Place to Retire
By Ellen E. Schultz; The Wall Street Journal ~ May 04, 2012

Feingold: Pelosi wobbly on Social Security
By Jennifer Haberkorn, Politico – May 3, 2012

7 Medical Procedures You Don't Need
By Elizabeth Agnvall; AARP Bulletin ~ May 2012

FAQ: Obama v. Ryan On Controlling Federal Medicare Spending
By Marilyn Werber Serafini; Kaiser Health News ~ May 03, 2012

Uninsured not convinced of health-care law benefits
By Dean Olsen, GHN; Augusta Gazette ~ May 03, 2012

Medicare disruptions seen if health law is struck
By Ricardo Alonso-Zaldivar, Associated Press -

Will Medicare Costs Outpace Social Security Benefits?
By Kelly Greene, Wall Street Journal – May 2, 2012

Analysis: ACOs Could Have The Medicare Muscle To Transform Health System
By Michael L. Millenson; Kaiser Health News ~ May 02, 2012

Stern Advice - Should you retire with a mortgage?
By Linda Stern; Reuters ~ May 02, 2012

Top GOPer: Ban On Pre-Existing Conditions Discrimination ‘A Terrible Idea’
By Sahil Kapur; Talking Points Memo ~ May 01, 2012

Report: Companies likely to save billions dumping employee health care
By Caroline May; The Daily Caller ~ May 01, 2012

Health centers for poor, uninsured see ranks swell
By David Morgan; Reuters ~ May 01, 2012

Opinion: John Breaux Sees Democrats Embracing Paul Ryan's Plan To 'End Medicare'
By Michael McAuliff, Huffington Post – Apr 30, 2012

Buy, Sell, or Hold: Alcatel-Lucent
By Selena Maranjian; The Motley Fool ~ May 01, 2012

Alcatel Lucent Rating Lowered to Underperform at RBC Capital (ALU)
By Stacy Sanders; Daily Political ~ May 01, 2012

Poll: More workers see Social Security as critical
United Press International ~ Apr 30, 2012

Americans Financially Unprepared for Long Lives
By Danielle Andrus; AdvisorOne ~ Apr 30, 2012

Physicians fight “unworkable” Medicare overpayment rule
By Charles Fiegl; American Medical News ~ Apr 30, 2012

CMS: Obama health law has saved seniors $3.4 billion on prescription drugs
By Sam Baker; The Hill ~ Apr 30, 2012

Alcatel-Lucent Now Ready To Soar On Genesys Sale
From Vatalyst; Seeking Alpha ~ Apr 30, 2012

Can we keep the Social Security and Medicare trust funds from going bust?
By Marcella S. Kreiter; United Press International ~ Apr 29, 2012

Seven Social Security Sins
By Maryalene LaPoinse; Fox Business ~ Apr 27, 2012

Care That's Just Right
By Kristen Gerencher; The Wall Street Journal ~ Apr 28, 2012

Opinion: Doomsday scenario draws nearer for Social Security
By David Nicklaus, St. Louis Post-Dispatch – Apr 29, 2012

Alcatel-Lucent's New RPX Deal Could Catapult Stock Higher
By Ry Frank; Seeking Alpha ~ Apr 27, 2012

GOP lawmakers say administration is ignoring Medicare questions
By Paige Winfield Cunningham; The Washington Times ~ Apr 27, 2012

Retirees: Pump Up Those Yields!
By Kelly Greene; The Wall Street Journal ~ Apr 27, 2012

Alcatel warns of uncertainty in Europe
By Daniel Thomas; The Financial Times ~ Apr 27, 2012

Alcatel-Lucent: Fiber's on Fire!
By Ray Le Maistre ; Light Reading ~ Apr 26, 2012

Freeing Boomers From Social Security Cuts Blows Up Math
By Brian Faler; Bloomberg ~ Apr 26, 2012

Five Things You May Not Know About Social Security, But Should
From Nancy Anderson; Forbes ~ Apr 26, 2012

Employers Are Advised on Dropping Health Insurance
By Louise Radnofsky; The Wall Street Journal ~ Apr 26, 2012

Report: Rebates from health care law will top $1B
By Ricardo Alonso-Zaldivar, AP; PressDemocrat ~ Apr 26, 2012

Health Insurers to Give Back $1.2 Billion, Analyst Says
By Alex Wayne; Bloomberg ~ Apr 25, 2012

Congress cannot afford to punt on Social Security
By Former Reps. Jim Kolbe (R-AZ) & Charlie Stenholm (D-TX); The Hill ~ Apr 25, 2012

Alcatel-Lucent: Still Building On Loose Sand
By Stephen Simpson; Seeking Alpha ~ Apr 26, 2012

Alcatel-Lucent margins slip on telecoms slowdown
By Leila Abboud; Reuters ~ Apr 26, 2012

Poll: Doctors Fall Short In Helping Many Seniors
By Judith Graham; Kaiser Health News ~ Apr 24, 2012

Medicare To Add Hospital Efficiency, Patient Safety To Payment Formula
By Jordan Rau; Kaiser Health News ~ Apr 24, 2012

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 next meeting will be in Kansas City, Missouri on June 7, 2012. Contact Wayne Gramling

 


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 of Western Electric / AT&T / Teletype / AT&T Computer Systems / Lucent Technologies / NCR / and Alcatel-Lucent / Bell Laboratories. They are planning their Summer reunion at Four Lakes Lodge in Lisle, IL. on Friday July 20th, 2012 . Contact Jim Simak.

 


eX TELETYPE employees This group is for ex-Teletype Employees to keep in touch. Teletype Corp. was located in Skokie, IL and Little Rock, AK. The Spring get-together at Riggio's Pizza Restaurant will be on Tuesday, May 8, 2012 beginning at 5:00 PM. The pizza is served around 6:00. Riggio's is on Oakton St. in Niles on the North side of Oakton street just west of Milwaukee Ave. Come join us for some delicious pizza and good fellowship. No reservations needed. Contact John Furno.