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PENSION
  BUYOUT
      CORNER

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





A-L Announcement of Pension Buyout
8/8/14 update

In May of this year, Alcatel-Lucent announced its intent to offer a pension buyout to ap-proximately 45,000 retirees and related beneficiaries in the U.S. management pension plan. The offer is expected to be made in 2015.

In a letter dated June 30, 2014 to Mr. John Hickey, Vice President Global Benefits for Alcatel-Lucent, the LRO raised a number of questions for clarification regarding this an-nouncement. Many of the questions submitted were the direct result of inquiries from our membership.

On August 5, Mr. Hickey responded that A-L is still in the early stages of defining the exact parameters of the offering, and therefore, is not yet in a position to respond to all of the questions we raised. He did, however, provide clarification in a few areas and these are summarized below:

  • While no firm dates have yet been established, a best guess is that the offer will be made around mid-year 2015 (June/July) with payments scheduled later in the year (Q4).

  • A-L has not yet finalized establishing the targeted population from within the classes of retirees in the management plan. Once established, 45,000 will be the targeted number to receive the offer, not the target for acceptances.

  • A-L has not yet reviewed the mortality table to be used.

  • A-L will use interest rates consistent with IRS rules.

  • This offering will not impact supplemental pensions received by some senior managers. The offering will be limited to the qualified pension plan.

While this is a limited response, the LRO understands that it is early in the process and A-L has much to do to finalize offer parameters. We have an excellent working relation-ship with Mr. Hickey and fully expect that as work progresses to define the plan, we will have more detailed responses to our questions. We will post information to our web-site as we receive further clarifications.

Joe Dombrowski, President,
Lucent Retiree Organization


See Pension Funding Status here

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 linkag e 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 here.  


A-L has announced Fall enrollment dates and schedules of distribution for the 2015 health plan. Click here to see Benefits announcements
banner


The LRO Connection fall newsletter is now available for viewing and can be accessed by clicking here.

This issue features information to help you with your annual healthcare enrollment and a pension funding update along with comments on the recently announced pension buyout offer by Alcatel-Lucent. The History Corner article features a look back at the Richmond Works.

Please take the time to read all of the articles in the newsletter and continue your support of the LRO as we work on your behalf to protect your earned benefits. We thank all of you who through your dues support allow us to carry out the LRO organizational objectives on behalf of our retirees.


Lucent Retirees Organization Meeting
Eatontown, New Jersey, on Monday, October 6th & Tuesday, October 7th, 2014

You are invited to attend an LRO conference on either Monday October 6th or Tuesday October 7th regarding the following issues:

  • Current state of the offered Health Care Programs,
  • Current funding levels of the Pension Program,
  • Review of Lump Sum Buyouts and Alcatel Lucent’s recent announcement of their intention to offer a lump sum buyout in 2015, and
  • The LRO’s advocacy role in pushing for congressional actions.

The conference will also provide an opportunity to meet with the LRO leadership team and not only hear about the foregoing topics, but to directly question the LRO leaders and voice your concerns. Click here for more information and to register.


The LRO leadership team met with retirees from the Dallas area in June. Slides from that meeting are available here.

SPECIAL NOTICES TO MEMBERS

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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

Law has swelled number of insured, but many lack info to find good care
By Marlene Harris-Taylor, MCT; InsuranceNewsNet ~ Sep 28, 2014

3 times you should get a second opinion about your health
By Elizabeth Renter, NWH; Fox News ~ Sep 26, 2014

Can Republicans Repeal Obamacare Without Disrupting Coverage For Tens Of Millions?
By Avik Roy; Forbes ~ Sep 27, 2014

Automatically re-enrolling in ObamaCare could pose dangers, analysts warn
By Jim Angle; Fox News ~ Sep 27, 2014

Money talks: Obamacare initiative makes headway in Republican states
By David Morgan; Reuters ~ Sep 26, 2014

Underinsured Enrollees Flood Community Health Centers
From KHN Daily News; Kaiser Health News ~ Sep 26, 2014

What's Behind the Slowdown in Health Care Costs
By Kimberly Leonard, USNWR ; Yahoo News ~ Sep 26, 2014

Will the Slowdown in Health Care Costs Last?
By Katherine Peralta; US News & World Report ~ Sep 26, 2014

DEA: Vicodin, Some Other Pain Meds Will Be Harder to Get
By Michelle Andrews; Kaiser Health News ~ Sep 26, 2014

Guest: Medicare’s observation status is a financial black hole for families
By Nancy Day, The Seattle Times – Sept 10, 2014

Motorola Solutions enters into third-largest U.S. buyout on record
By Timothy Pollard, Pensions & Investments – Sept 25, 2014

More Doctors Indicted Prescribing Unnecessary Medical Treatment In $56 Million Medicare Fraud
By Tristyn Bloom; The Daily Caller ~ Sep 25, 2014

Why Hospitals Want Patients to Pay Upfront
By John Tozzi

WebMD received $14M to promote ObamaCare
By Sarah Ferris; The Hill ~ Sep 25, 2014

Personal Attention Seen As Antidote To Rising Health Costs
By Sarah McCammon, GPB; Kaiser Health News ~ Sep 25, 2014

8 tips for navigating the health insurance maze
Consumer Reports ~ Sep 25, 2014

Insurance Brokers: Obamacare Is Harder Work For Lower Pay
By Sarah Hurtubise; The Daily Caller ~ Sep 24, 2014

Burwell Steers Clear of Specific Pledges on HealthCare.Gov
By Louise Radnofsky; The Wall Street Journal ~ Sep 24, 2014

Obamacare Website Costs Exceed $2 Billion, Study Finds
By Alex Wayne; Bloomberg ~ Sep 24, 2014

HealthCare.gov Is Given an Overhaul
By Robert Pear; The New York Times ~ Sep 22, 2014

Report: Admission of uninsured at hospitals dips
By Jim Kuhnhenn; The Associated Press ~ Sep 24, 2014

Your medical record is worth more to hackers than your credit card
By Caroline Humer & Jim Finkle; Reuters ~ Sep 24, 2014

Deciphering medical bills can be tricky business
By Alex Tolbert; The Tennessean ~ Sep 24, 2014

7 Signs You're Spending Too Little In Retirement
By Tim Parker; Investopidia ~ Sep 24, 2014

Alcatel-Lucent to launch first 100G/200G line card
Telecompaper ~ Sep 24, 2014

Number of ObamaCare enrollees appears to be dropping
By Jim Angle; Fox News ~ Sep 23, 2014

Obama administration report finds more insurers offering health law plans next year
From The Associated Press ; US News & World Report ~ Sep 23, 2014

Burwell: No Really, Obamacare IS Working
By Sarah Hurtubise; The Daily Caller ~ Sep 23, 2014

GAO: Where did ObamaCare’s $3.7B go?
By Sarah Ferris; The Hill ~ Sep 23, 2014

Pharmaceuticals decry FDA's social media rules
By Tim Devaney; The Hill ~ Sep 23, 2014

Alcatel-Lucent expands mobile backhaul portfolio for LTE
Telecom Lead ~ Sep 23, 2014

Washington cannot seem to fix Social Security. Maybe you should try
By Martha M. Hamilton, Washington Post – Sept 21, 2014

We should be looking at smaller "starter" homes as our "stay put" homes
By Ruth Davis Konigsberg, Money – Sept 22, 2014

The case for paying off your mortgage before retirement
By Amy Hoak, MarketWatch – Sept 22 2014

"The Retiree Next Door": How successful retirees stretch their savings
By Mandi Woodruff, Yahoo Finance - Sept 17, 2014

SPIN METER: Those changing health law numbers
By Ricardo Alonso-Zaldivar; The Associated Press ~ Sep 22, 2014

Vitter: Obama Admin ‘Bending Over Backwards To Give Obamacare To Illegal Immigrants’
By Sarah Hurtubise; The Daily Caller ~ Sep 22, 2014

Companies’ health costs are increasing at a slower clip. Question is, will that continue?
By J.D. Harrison; The Washington Post ~ Sep 22, 2014

Appeals Court Throws Out Obamacare Lawsuit Similar To House GOP Suit
By Sahil Kapur; Talking Points Memo ~ Sep 22, 2014

Here Are More Ways Obamacare Could Cancel Your Insurance
By Peter Fricke; The Daily Caller ~ Sep 22, 2014

Medicare Experiment Shows Initial Promise
From KHN Daily News; Kaiser Health News ~ Sep 22, 2014

5 Giant Myths Of Retirement Planning
By Marc S. Freedman; Forbes ~ Sep 22, 2014

Optical Could Be Next Bottleneck, Warns Alcatel-Lucent CMO
By Ray Le Maistre; Light Reading ~ Sep 22, 2014

Young Physicians OK With Obamacare While Older Doctors Bristle
By Bruce Japsen; Forbes ~ Sep 21, 2014

GOP finds ObamaCare opening
By Sarah Ferris; The Hill ~ Sep 21, 2014

Tax Refunds Will Be Cut For ACA Recipients
By Susan Tompor, DFP; WFMY News 2 ~ Sep 21, 2014

Your Annual Gift-Tax Exclusions
By Tom Herman; The Wall Street Journal ~ Sep 21, 2014

To Win Back Older Voters, Democrats Talk Up Medicare and Social Security
By Jackie Calmes; The New York Times ~ Sep 20, 2014

Better retirements? Build on the system’s current successes
By Brian Reid; The Hill ~ Sep 18, 2014

EDITORIAL: Medical privacy lacking in age of Obamacare
The Washington Times ~ Sep 19, 2014

US Government Plays Robin Hood Under Guise Of National Mortgage Settlements
By Allison Pyburn; Forbes ~ Sep 19, 2014

New data suggest hikes in mid-single digits for Obamacare for 2015
By Russ Britt; MarketWatch ~ Sep 18, 2014

Study: Obamacare ‘Family Glitch’ Could Hit Up To 2 Million People
By Sarah Hurtubise; The Daily Caller ~ Sep 18, 2014

CMS glitch could cost doctors millions
By Arthur Allen; Politico ~ Sep 18, 2014

Obamacare Enrollment Is 7.3 Million People: U.S. Official
By Alex Wayne; Bloomberg ~ Sep 18, 2014

700,000 Obamacare Sign-ups Already Dropped Their Coverage
By Sarah Hurtubise ; The Daily Caller ~ Sep 18, 2014

The New Way Insurers Are Shifting Costs To The Sick
By Charles Ornstein; Talking Points Memo ~ Sep 18, 2014

U.S. says Medicare Advantage enrollment at all-time high
By Deena Beasley; Reuters ~ Sep 18, 2014

Alcatel-Lucent, Occupy Wall Street: Intellectual Property
By Ellen Rosen, Bloomberg – Sept 18, 2014

Making smart Medicare choices for 2015
By Ron Pollack, Families USA; The Miami News-Record ~ Sep 17, 2014

OVERNIGHT HEALTHCARE: Dems fight back on HealthCare.gov security issues
By Sarah Ferris & Elise Viebeck; The Hill ~ Sep 17, 2014

Lawmakers Set To Grill Tavenner On Obamacare Exchange Flops
By Sarah Hurtubise; The Daily Caller ~ Sep 17, 2014

ObamaCare, the gift that keeps on giving for Republicans
From Rick Manning; The Hill ~ Sep 17, 2014

With New Health Law, Shopping Around Can Be Crucial
By Margot Sanger-Katz & Amanda Cox; The New York Times ~ Sep 17, 2014

U.S. Spending on Social Programs Could Imperil AAA Rating, Moody’s Warns
By Timothy W. Martin; The Wall Street Journal ~ Sep 17, 2014

Congress: Safety agency mishandled GM recall
By Joan Lowy & Tom Krisher; The Associated Press ~ Sep 16, 2014

What Can Employers Do To Reduce The Cost Of Obamacare?
By John C. Goodman; Forbes ~ Sep 16, 2014

Social Security resumes mailing benefit statements
By Stephen Ohlemacher, AP; Bloomberg Businessweek ~ Sep 16, 2014

Businesses report cutting jobs due to ObamaCare
By Jim Angle; Fox News ~ Sep 16, 2014

GAO: HealthCare.gov still not fully secure
By Elise Viebeck; The Hill ~ Sep 16, 2014

Alcatel-Lucent to supply networks to Thai companies
By Khettiya Jittapong; Reuters ~ Sep 16, 2014

"Forced switch" maneuver spurs lawsuit against drugmaker
By Jonathan Lapook , CBS News – Sept 15, 2014

CBO: Cost of Obamacare Subsidy Will Increase 8-Fold in 10 Years
By Terence P. Jeffrey; Cybercast News Service ~ Sep 15, 2014

Tens of Thousands Likely to Lose Health Insurance at End of September
By Louise Radnofsky; The Wall Street Journal ~ Sep 15, 2014

Why Pensions Went Away: A Theory
By Lauren Weber; The Wall Street Journal ~ Sep 15, 2014

Obamacare Has Failed To Collapse -- But Its Premiums Continue To Climb
By Avik Roy; Forbes ~ Sep 14, 2014

Melding health overhaul and taxes gets complicated
The Associated Press ~ Sep 14, 2014

Renewing Health Coverage May Not Be as Automatic as Government Says
By Robert Pear; The New York Times ~ Sep 14, 2014

Hurdles for Obama health law in 2nd sign-up season
By Ricardo Alonso-Zaldivar; The Associated Press ~ Sep 14, 2014

Health-Law Advocates to Tweak ACA Marketing Campaign for the Fall
By Louise Radnofsky; The Wall Street Journal ~ Sep 14, 2014

Shocker: HHS Obamacare Technology Has Yet Another Glitch
By Sarah Hurtubise; The Daily Caller ~ Sep 12, 2014

Fall Means it's Time to Hit the (Tax) Books
By Linda Stern, Reuters; Fox Business ~ Sep 12, 2014

HHS awards $300M to health centers to expand primary care services
By Sarah Ferris; The Hill ~ Sep 12, 2014

Groups Get $3.2 Million To Enroll Minorities In Obamacare
From KHN Daily News; Kaiser Health News ~ Sep 12, 2014

Americans Still Think Obamacare’s Hurting The Country
By Sarah Hurtubise; The Daily Caller ~ Sep 12, 2014

Alcatel-Lucent promises 75% cut in storage cost for pay TV providers
From “Baburajan K”; Telecom Lead ~ Sep 12, 2014

Census Bureau: Health Costs Inch Up As Obamacare Kicks In
By Jay Hancock; Kaiser Health News ~ Sep 11, 2014

ObamaCare partners give to the GOP
By Elise Viebeck; The Hill ~ Sep 11, 2014

House Passes Bill To Let People Keep Their Health Care Plans
By Sarah Hurtubise; The Daily Caller ~ Sep 11, 2014

Don’t give gifts to your heirs until you’ve answered this question
By Elizabeth O'Brien; MarketWatch ~ Sep 11, 2014

Retirement insecurity: Two studies underline housing and income challenges
By Mark Miller; Reuters ~ Sep 11, 2014

AlcaLu's Combes: 'We Are Now Back on Track'
By Mitch Wagner; Light Reading ~ Sep 11, 2014

IRS, CMS on track to meet health law deadlines, officials say
By Adam Mazmanian; FCW ~ Sep 10, 2014

ERISA amendment would save sponsors millions
By Nick Thornton; BenefitsPro ~ Sep 10, 2014

Life Insurance for Seniors - Clients Can Compare Rates at Lifeinsurancedealsonline.com!
From Russell Rabichev; PR Web ~ Sep 10, 2014

Voters Don’t Like Obamacare, And Probably Never Will
By Sarah Hurtubise; The Daily Caller ~ Sep 09, 2014

OVERNIGHT HEALTH: House to vote on ‘keep your plan’ bill
By Elise Viebeck ; The Hill ~ Sep 09, 2014

ObamaCare's Circular Firing Squad
Investor’s Business Daily ~ Sep 09, 2014

Bigger IPhones Entice Seniors Seeking More Screen Area
By Brian Womack; Bloomberg ~ Sep 09, 2014

How to Choose the Right Health Insurance
By Donna Fuscaldo; Fox Business ~ Sep 09, 2014

Alcatel-Lucent adds virtualisation features to Velocix CDN
Telecompaper ~ Sep 10, 2014

Small Cells Key to Network Capacity Expansion: Alcatel-Lucent CTO
By Mitch Wagner; Light Reading ~ Sep 10, 2014

Baby Boomer's Retirement Dilemma: How Can Everything Look So Right But Feel So Wrong?
By Robert Laura, Forbes – Sept 8, 2014

Top U.S. health adviser wants end to partisan fighting over Obamacare
By David Morgan; Reuters ~ Sep 08, 2014

Rural Enrollment Presents Continuing Health Law Challenges
By Shefali Luthra; Kaiser Health News ~ Sep 08, 2014

Why Do So Many People Have The Wrong Kind Of Health Insurance?
By John C. Goodman; Forbes ~ Sep 08, 2014

Ouch, the Bill for Obamacare Coming Due
By Peter Morici; Newsmax ~ Sep 08, 2014

Alcatel-Lucent, Qualcomm to launch Enterprise Small Cell device in early 2015
Telecom Lead ~ Sep 08, 2014

Alcatel-Lucent firm Bell Labs to open new office in Silicon Valley
Telecom Lead ~ Sep 08, 2014

Companies race to adjust health-care benefits as Affordable Care Act takes hold
By Aaron Gregg; The Washington Post ~ Sep 07, 2014

Despite Curve Balls, Most Retirees Manage
By Tom Lauricella; The Wall Street Journal ~ Sep 07, 2014

Beware Leaving a Roth for Heirs
By Andrea Coombes; The Wall Street Journal ~ Sep 07, 2014

Retirement Royalty: Where Workers Still Get a Pension
By Ben Steverman; Bloomberg ~ Sep 05, 2014

Early Results: Average 2015 Exchange Premiums Decline Slightly
By Jay Hancock; Kaiser Health News ~ Sep 05, 2014

Report: Obamacare Subsidies Could Fall For Low-Income Customers Seeking Cheapest Plans
By Sarah Hurtubise; The Daily Caller ~ Sep 05, 2014

Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low
By Ali Meyer; Cybercast News Service ~ Sep 05, 2014

Alcatel-Lucent security director warns of industrial mobile spyware
By Total Telecom staff; Total Telecom ~ Sep 05, 2014

Obamacare Tax Rule Gets Rehearing by Full Appeals Court
By Andrew Zajac & Greg Stohr; Bloomberg ~ Sep 04, 2014

Hackers Breach Security of a Health Exchange Server
By Robert Pear and Nicole Perlroth, New York Times – Sept 4, 2014

Democrats borrow a GOP idea on health care costs
By Ricardo Alonso-Zaldivar; The Associated Press ~ Sep 04, 2014

Fed: Gap between wealthy and average Americans widening
By Peter Schroeder; The Hill ~ Sep 04, 2014

U.S. corporate pension funding ratios decline on falling discount rate
By Rob Kozlowski; Pensions & Investments ~ Sep 04, 2014

Gov't forecasts rising health care inflation
By Ricardo Alonso-Zaldivar; The Associated Press ~ Sep 03, 2014

HealthCare.gov CEO sees challenges ahead
By Elise Viebeck; The Hill ~ Sep 03, 2014

Is Your Pension Plan Underfunded?
By John Wasik; Forbes ~ Sep 03, 2014

5 Pitfalls Of Starting A Business In Retirement
Forbes – Sept 2, 2014

Obamacare Questions: What Taxes? Will Job Insurance Last?
From KHN Daily News; Kaiser Health News ~ Sep 02, 2014

Don’t be fooled: America’s deficit is still a problem
By William G. Gale; Fortune ~ Sep 02, 2014

Your ‘safe’ money-market fund may be at risk
By Robert Powell; MarketWatch ~ Sep 02, 2014

Increasingly, High-Deductible Health Plans Weigh Down Employees
By Tara Siegel Bernard; The New York Times ~ Sep 01, 2014

Getting help with Medicare costs when money is tight
By Ron Pollack, Families USA; The Star ~ Sep 01, 2014

Economy no savior for Dems
By Peter Schroeder & Vicki Needham; The Hill ~ Sep 01, 2014

ERISA at 40
By Hazel Bradford; Pensions & Investments ~ Sep 01, 2014

Alcatel-Lucent Enabling Ucom to Upgrade its Fiber Infrastructure in Armenia
By Staff; IT News ~ Sep 01, 2014

Coverage for End-of-Life Talks Gaining Ground
By Pam Belluck; The New York Times ~ Aug 30, 2014

Is Obamacare Hurting Wages?
By Adam Ozimek; Forbes ~ Aug 31, 2014

Don't let your 401(k) retire before you do
By Sharon Epperson, CNBC ; USA TODAY ~ Aug 31, 2014

Medical identity theft: How the health care industry is failing us
By Laura Shin; Fortune ~ Aug 31, 2014

Who's paying the new Obamacare tax? You
By Phil Galewitz, KHN; USA TODAY ~ Aug 30, 2014

For the second straight cycle, Dems place bet on Medicare
By Greg Sargent, Washington Post – Aug 29, 2014

Medicare Will Settle Short-Term Care Bills
By Reed Abelson, New York Times – Aug 29, 2014

6 ways to control overspending in retirement
By Robert Powell, USA Today – Aug 30 2014

Why so many retirees work in retirement
By Art Koff, MarketWatch – Aug 29, 2014

Obamacare’s Latest Threat Nears Turning Point in Court
By Greg Stohr; Bloomberg ~ Aug 29, 2014

New challenge for HealthCare.gov: Tax forms
By Ricardo Alonso-Zaldivar; The Associated Press ~ Aug 29, 2014

The Ingestible And Stick-On Micro Tech Powering Your Healthcare
By Leo King; Forbes ~ Aug 29, 2014

The Doc Fix is Still Cheap, Medicare Spending Will Slow, and Other CBO Predictions
By Nathaniel Weixel; Bloomberg BNA ~ Aug 29, 2014

Report: HealthCare.gov Still Doesn’t Work
By Sarah Hurtubise; The Daily Caller ~ Aug 28, 2014

Consumers Will Owe Uncle Sam If They Got Health Insurance Subsidies Mistakenly
By Julie Appleby; Kaiser Health News ~ Aug 29, 2014

Increasingly, Retirees Dump Their Possessions and Hit the Road
By David Wallis; The New York Times ~ Aug 29, 2014

Aging Baby Boomers: Get Hip to Medicare Part D
By Ilana Greene, Huffington Post – Aug 28, 2014

How to Complain to Medicare
By Paula , New York Times – Aug 28, 2014

How to Play Catch-up on Retirement Savings
By Walter Updegrave, Wall Street Journal – Aug 28, 2014

The Social Security solvency dodge
By Brenton Smith, The Hill – Aug 28, 2014

Yes, Obamacare is cutting the deficit
Paul Waldman, Washington Post – Aug 27, 2014

The Word on Obamacare: It’s Shrinking as a Political Issue
By Derek Willis, New York Times – Aug 27 2014

How Obamacare is taking a bite out of CEO pay
By Aimee Picchi, MarketWatch – Aug 27, 2014

Medicare Limbo: A Question Seniors Need To Ask If They're In The Hospital
By Northwestern Mutual Voice Team, Forbes – Aug 27, 2014

Medicare: Not Such a Budget-Buster Anymore
By Margot Sanger-Katz and Kevin Quealy, New York Times – Aug 27, 2014

Create a Plan for a Meaningful Retirement
By Susan B. Garland, Kiplinger – Aug 27, 2014

The Key to Living Happily Ever After in Retirement
By Susan B. Garland, Kiplinger – Aug 27, 2014

Wanted: A million bucks or more in retirement savings
By Nanci Hellmich, USA Today – Aug 27, 2014

How Obamacare subsidies could impact your tax refund
CBS News & Associated Press – Aug 25, 2014

Kevin Counihan, The New 'Obamacare CEO,' Faces Four Key Challenges
By Dan Diamond, Forbes – Aug 26, 2014

Retirement planning: Seven cardinal rules
By Carl Edwards, MySanAntonio.Com – Aug 26, 2014

Retirees and 401(k)s: Big money, big decisions
By Rodney Brooks, USA Today – Aug 26, 2014

Federal Reserve Banks Agree Obamacare Is Hurting Business
By Sarah Hurtubeise, The Daily Caller – Aug 25, 2014

Obamacare's Death of a Thousand Rate Hike
By Sally Pipes, Forbes – Aug 25, 2014

At Home Or In Facilities, Care For Elderly Changing Rapidly
By Kaiser Health News – Aug 25, 2014

Retirement mistakes people make at every age
By Jonnelle Marte, Washington Post – Aug 25, 2014

Social Security retirement a Boomers’ dilemma
By Sam Adamson, News Leader – Aug 24, 2014

Has Social Security's Trust Fund Been Robbed?
By Chuck Saletta, Motley Fool – Aug 23, 2014

4 Qualities For Retirement Planning In The Stressful Market
By Walter Updegrave, Forbes – Aug 22, 2014

Will This New Technology Mark the End of Google Fiber?
By Tim Brugger Motley Fool – Aug 23, 2014

Tips We Can Learn from Retirees
By Dave Bernard, U.S. News & World Report – Aug 22, 2014

Here's What's Going On With Obamacare Premium Increases
By Jeffrey Young, Huffington Post – Aug 21, 2014

Obamacare Or Not, Republicans Should Focus On Reducing The Cost Of Health Care
By Avik Roy, Forbes – Aug 20, 2014

Unemployed by ObamaCare
Wall Street Journal – Aug 21, 2014

Five ideas to better prepare Americans for retirement
By Dominic Basulto, Washington Post, Aug 21, 2014

TV Interview: U.S. Representative Paul Ryan discusses his plans for Social Security
Bloomberg TV Market Makers – Aug 20, 2014

Congressman John Larson's Important Plan to Expand Social Security
By Nancy Altman and Eric Kingson, Huffington Post – Aug 20 2014

Obamacare fading as top GOP ad issue in key Senate races: report
By David Sherfinski, The Washington Times – Aug 19, 2014

Some States Bristle At Lack Of Authority Over Medicare Advantage Plans
By Fred Schulte, The Center for Public Integrity – Aug 19, 2014

Lawyers: Send Obamacare Subsidies Case Straight To Supreme Court
By Sarah Hurtubise, The Daily Caller – Aug 18, 2014

Opinion: Liberals for Social Security Insolvency
By Andrew Biggs, Wall Street Journal – Aug 18, 2014

Why retiring is tougher now
By Eve Kaplan, USA Today – Aug 17, 2014

A third of people have nothing saved for retirement
By Nanci Hellmich, USA Today – Aug 17, 2014

Medicare to Start Paying Doctors Who Coordinate Needs of Chronically Ill Patients
By Robert Pear, New York Times – Aug 16, 2014

Seven ways to prepare financially for retirement
By Robert Powell, USA Today – Aug 16, 2014

Hospitals reassess charity as Obamacare options become available
By Julie Appleby, Washington Post – Aug 16, 2014

Pervasive Medicare Fraud Proves Hard to Stop
By Reed Abelson and Eric Lichtblau, New York Times – Aug 15, 2014

Do Retirees Take Too Much or Too Little Risk With Their Investments?
Wall Street Journal – Aug 15 2014

Part D: Medicare’s shining star
By Robert B. Blancato, The Hill – Aug 14, 2014

Who Pays Your Social Security Benefits?
By Tim Parker, Investopedia – Aug 14, 2014

The Truth About Retirement for Baby Boomers
By Josh Zumburn, Wall Street Journal – Aug 14, 2014

Solving a 2014 Obamacare problem pushes premium hikes in 2015
By Brett Norman, Politico – Aug 13, 2014

Opinion: Where ObamaCare Is Going
By Scott Atlas, Wall Street Journal – Aug 13, 2014

Report: Companies desperate to avoid ObamaCare 'Cadillac tax' shifting costs to workers
By Jim Angle, Fox News – Aug 13, 2014

Medicare home health reforms protect quality care
By Dr. Benjamin N. Doga, Gannett Daily World – Aug 13, 2014

Opinion: Social Security: broken, but not broke
By Jill Schlesinger, Chicago Tribune – Aug 13, 2014

Opinions: How Should the Government Change Social Security?
Wall Street Journal – Aug 11, 2014

Welcome to the World of 'Pension Smoothing'
By Vipal Monga, Wall Street Journal – Aug 11, 2014

Alcatel-Lucent to rollout 4G LTE network in Oklahoma and Kansas with Pioneer Cellular in United States
Alcatel-Lucent Press Release – Aug 11, 2014

Social Security crisis is here
By Jason Fichtner and Frederick Kilbourne, McClatchy-Tribune News Service - Aug 12, 2014

Fix Social Security now
By Brenton Smity, The Hill – Aug 12, 2014

Retirement under knife at Kodak, Xerox division
By Matthew Daneman, Democrat & Chronicle – Aug 12, 2014

5 ways to boost savings for retirement
USA Today – Aug 12, 2014

Debt: The big threat to a happy retirement
By Rodney Brooks, USA Today – Aug 12, 2014

Alcatel-Lucent to rollout 4G LTE network in Oklahoma and Kansas with Pioneer Cellular in United States
Alcatel-Lucent Press Release – Aug 11, 2014

Social Security crisis is here
By Jason Fichtner and Frederick Kilbourne, McClatchy-Tribune News Service - Aug 12, 2014

Fix Social Security now
By Brenton Smity, The Hill – Aug 12, 2014

Retirement under knife at Kodak, Xerox division
By Matthew Daneman, Democrat & Chronicle – Aug 12, 2014

5 ways to boost savings for retirement
USA Today – Aug 12, 2014

Debt: The big threat to a happy retirement
By Rodney Brooks, USA Today – Aug 12, 2014

One-Third of Americans Lack Retirement Savings
By Michael Cohn, Accounting Today – Aug 11, 2014

Here’s Why More Americans Are Retiring Earlier Than They Expected
By Dan Kadlec, Time – Aug 10, 2014

Partisan divide seen in federal judges’ Obamacare votes
By Tom Howell, Washington Times – Aug 10, 2014

Health law’s Center for Medicare and Medicaid has its skeptics about innovation
By Jay Hancock, Washington Post – Aug 10, 2014

One-Third of Americans Lack Retirement Savings
By Michael Cohn, Accounting Today – Aug 11, 2014

Here’s Why More Americans Are Retiring Earlier Than They Expected
By Dan Kadlec, Time – Aug 10, 2014

Partisan divide seen in federal judges’ Obamacare votes
By Tom Howell, Washington Times – Aug 10, 2014

Health law’s Center for Medicare and Medicaid has its skeptics about innovation
By Jay Hancock, Washington Post – Aug 10, 2014

Many Americans are not prepared for retirement: Fed survey
MarketWatch – Aug 7 2014

How to save a million bucks for retirement
By Nanci Hellmich, USA Today – Aug 9, 2014

Key ObamaCare official likely deleted emails now sought in House probe
Fox News – Aug 8, 2014

Opinion: More ObamaCare woes: Congress must act to block health insurance bailout
By Senator Marco Rubio – Aug 8, 2014

Pensions or potholes? Congress chooses potholes
By John W. Schoen, CNBC – Aug 7, 2014

How higher Medicare premiums affect Social Security benefits
By Beth Franklin, Investment News – Aug 72014

The Social Security Earnings Test Is Not A Tax
By Jeffrey Brown, Forbes – Aug 7, 2014

Almost 20 percent of people near retirement age have no retirement savings
By Jonnelle Marte, Washington Post – Aug 7, 2014

THE CRISIS IN SOCIAL SECURITY
By Harry Brill, BeyondChron – Aug 6, 2014

Impending crisis should force action on Social Security in next Congress
By Ben Ritz, The Hill – Aug 7, 2014

The Real Social Security Crisis: Service
By Richard Eisenberg, Forbes – Aug 7, 2014

Obamacare's Newly Insured Boost Hospital Profits
By Elliot Jager, Newsmax – Aug 5, 2014

Millions of uninsured Americans exempt from ObamaCare penalties in 2016, watchdog report finds
Fox News – Aug 7, 2014

Why Workers and Retirees Missed the Roaring Bull Market
By Dan Kadlac, Time – Aug 6, 2014

No, Obamacare Has Not Reduced Insurance Costs
By Paul Howard and Yevgeniy Feyman, Forbes – Aug 5, 2014

HHS grapples with massive ObamaCare backlog
By Barnini Chakraborty, Fox News – Aug 5, 2014

Obamacare causes steep drop in uninsured — in deep red states
By Greg Sargent, Washington Post – Aug 5 2014

Taxes to watch out for in retirement
By Emily Brandon, U.S. News & World Report Aug 5, 2014

Five Reasons Not to Despair About Retirement
By Ben Steveman, Bloomberg News – Aug 5, 2014

9 Steps to a Successful Retirement Plan
By Philip Moeller, Time – Aug 5. 2014

What the Surveys Don't Say About Your Retirement Income Needs
By Jeff Brown, TheStreet – Aug 5, 2014

Managed accounts: Too pricey for retirees?
By Anne Tergesen, MarketWatch – Aug 5, 2014

Golden years … without the gold
By Associated Press – Aug 3, 2014

Obamacare’s Bad News Didn’t Stop; The Media Just Lost Interest

By Jim Geraghty, National Review Online – Aug 4, 2014

A Doctor's Perspective On Obamacare Plans
By jeffrey Cohen, WNPR – Aug 4, 2014

Editorial: The slowing growth of Medicare provides an opportunity for reform
By Editorial Board, Washington Post – Aug. 4, 2014

The Obscure Drug With a Growing Medicare Tab
By Charles Ornstein, New York Times – Aug. 4, 2014

Obamacare loses some of its campaign punch for Republicans
By Michael A. Memoli and Lisa Mascaro, Los Angles Times – Aug. 3, 2014

Obamacare challenge could go to the Supreme Court
CBS News – Aug. 1, 2014

Poll Shows Most Americans Don't Really Get How Obamacare Works
By Arit John, TheWire.Com – Aug. 1, 2014

Editorial: Social Security crisis lingers on
By Editorial Board, Denver Post – Aug 2, 2014

Can Obamacare Help You Afford Early Retirement?
By Michael Foster, Fox Business News – Aug. 1, 2014

Obamacare hits a new low in popularity. It may not matter all that much.
By Aaron Blake, Washington Post Blog – Aug. 1, 2014

Medicare will take bigger bite out of older Americans' Social Security checks, report shows
By James T. Mulder, Syracuse.Com

New Poll Shows That Medicare Part D Is Getting The Job Done For Seniors
Forbes – Aug. 1, 2014

Congress provides highway funds just in time, but it's a short-term fix
By Kent Hoover, Memphis Business Journal – Aug. 1, 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