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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

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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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.

If you would like 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

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MEDIA NEWS FOR RETIREES

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

Congress recklessly refuses to top up the Highway Trust Fund
By Editorial Board, Washington Post – July 30, 2014

How Obamacare Encourages Some Millennials To Become Uninsured
By Chris Conover, Forbes – July 31, 2014

Would boosting the eligibility age for Medicare save it from ‘bankruptcy’?
By Glenn Kessler, Washington Post Blog – July 29, 2014

Medicare drug premiums to rise for 2nd year
By Associated Press – July 31, 2014

Pensions deliver $943 billion economic punch
By Marlene Satter, LifeHealthPro.Com – July 31, 2014

Concerns over U.S. business overshadow Alcatel-Lucent results
By Leila Abboud and Gwénaëlle Barzic, Reuters – July 31, 2014

Boomers aren't to blame: social security and Medicare suffer due to low wages
By Jana Kasperkevic, The Guardian – July 29, 2014

The $400,000 Social Security Mistake
By Ashlea Ebeling, Forbes – July 29- 2014

Retirees Are Satisfied With Less Income
By Paul Katzeff, Investors Business Daily – July 30, 2014

House approves lawsuit against Obama over alleged abuse of executive power
FoxNew.Com – July 30, 2014

Congress recklessly refuses to top up the Highway Trust Fund
By Editorial Board, Washington Post – July 30, 2014

Senate passes highway funding bill, sends it back to House
By Joan Lowy, Associated Press – July 30, 2014

Alcatel-Lucent sets new transatlantic cable speed record
By Guy Daniels, TelecomTV – July 29, 2014

Alcatel-Lucent leads small cell equipment market in 2013: ABI Research
By Telecom Lead; Telecom Lead ~ Jul 29, 2014

Senate Approves $8 Billion Plan for Highway Trust Fund
By Laura Litvan, Bloomberg News – July 29, 2014

Lawmakers employ gimmicks to pay for highway funds
Associated Press – July 29, 2014

Court throws out an Obamacare tax law challenge
By Brett Norman; Politico ~ Jul 29, 2014

Medicare isn’t going broke, but don’t celebrate just yet
By Jason Millman; The Washington Post ~ Jul 29, 2014

Survey Finds 1 In 5 Uninsured Don’t Want Coverage
By Phil Galewitz; Kaiser Health News ~ Jul 29, 2014

What happens if Congress does nothing on Social Security
By Robert Schroeder; MarketWatch ~ Jul 29, 2014

Bell Labs expert hails future 5G a “communications revolution”
By Ken Wieland; Mobile World Live ~ Jul 28, 2014

States Rush To Get Ahead Of SCOTUS Ruling Against Obamacare Subsidies
By Dylan Scott; Talking Points Memo ~ Jul 28, 2014

Drugs to increase 'good' cholesterol may not cut deaths
By Andrew M. Seaman; Reuters ~ Jul 28, 2014

Medicare, Social Security Disability Fund Headed in Different Directions
By Damian Paletta; The Wall Street Journal ~ Jul 28, 2014

The medical bills that hit retirees hardest
By Glenn Ruffenach; MarketWatch ~ Jul 28, 2014

Companies sell off their pensions, and retirees pay
From Joyce Migdall; The Washington Post ~ Jul 28, 2014

The Daily Show Host Ridicules Pension Smoothing for Highway Funding
Jon Stewart, The Daily Show – July 16, 2014

Obamacare: The Bait-And-Switch Double Whammy
By Chris Conover; Forbes ~ Jul 27, 2014

Plan to simplify 2015 health renewals may backfire
By Ricardo Alonso-Zaldivar; The Associated Press ~ Jul 27, 2014

Free Online Tools for Optimizing Social Security Benefits
By Anne Tergesen; The Wall Street Journal ~ Jul 26, 2014

Watch out for IRS impersonation scams
By Anthony Giorgianni; Fox Business ~ Jul 24, 2014

Only Supposed To Go To State Exchanges
By Sarah Hurtubise; The Daily Caller ~ Jul 25, 2014

For Consumers, Some Pitfalls In Obamacare Coverage Could Lie Ahead
From KHN Daily News; Kaiser Health News ~ Jul 25, 2014

Varying health premium subsidies worry consumers
By Kelli Kennedy; The Associated Press ~ Jul 25, 2014

A Reader Asks: How Can I Get Health Coverage For My Grandchildren?
By Michelle Andrews; Kaiser Health News ~ Jul 25, 2014

Addressing Caregivers’ Loss of Retirement Income
By Paula Span; The New York Times ~ Jul 25, 2014

How To Optimize Your Retirement Accounts: A Case Study
By Erik Carter; Forbes ~ Jul 25, 2014

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


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