DEAR SENATOR SHELBY:

 

AS A RETIREE FROM LUCENT TECHNOLOGIES, I AM GREATLY CONCERNED ABOUT THE LACK OF DISCLOSURE I RECEIVE REGARDING MY PENSION FUND, HEALTH CARE BENEFITS, AND ASSOCIATED LIFE INSURANCE. WHAT WE RETIREES NEED IS CANDID AND CLEAR INFORMATION, NOT JUST THE LITTLE TID BITS THAT THE BOARD OF DIRECTORS CAN  RELEASE WITHOUT BEING SUED.

 

ACTUALLY SENATOR, I REALLY QUESTION  HOW A FUND THAT SHOULD BE UNDER THE CONSTRAINTS OF A TRUST FUND CAN BE HANDLED SO LOOSELY! AT THE MINIMUM SIR, RETIREES ARE ENTITLED AS TO WHAT THE ASSETS AND FUTURE OBLIGATIONS OF THE TRUST ARE, SINCE THEY ARE HELD FOR THEIR EXCLUSIVE BENEFITS. I PERSONALLY WOULD APPRECIATE YOU WRITING MS. PAT RUSSO, AND EXPRESSING CONCERN ABOUT LUCENT'S ATTITUDE TOWARD DISCLOSURES REGARDING RETIREE PENSION FUND, HEALTH CARE BENEFITS, AND ASSOCIATED LIFE INSURANCE!  

 

ALSO, I WOULD APPRECIATE  YOUR SUPPORT WHEN DEALING WITH MEMBERS OF THE NLRN.

I TRULY BELIEVE WITH PROPER REFORMS AND SCRUTINY, MANY RETIREES CAN BE SAVED FROM THE FORTHCOMING FINANCIAL DISASTER.

 

I DO NOT WANT TO SEE LUCENT IN BANKRUPTCY, AND I DON'T THINK THE FEDERAL GOVERNMENT DOES EITHER. 

 

SINCERELY,

 

JOSEPH E. GEORGE

BIRMINGHAM, AL  

 

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