An Open Letter to Senator Corker
Dear Senator Corker:
I know you are very busy on critical issues and I appreciate your work as a public servant. Please take a few minutes of your time to clearly understand the plight of the Oak Ridge Retirees.
We have a simple problem that won't be solved without your help. Our retirement trust fund has over $3 Billion, including over $600 million in surplus government funds. For many years the contractor who administered the fund arranged for an adjustment to retiree pensions when the average purchasing power of the pensions had dwindled to around 50% of their original value. New contractors and new DOE management in Washington have not seen fit to continue these past practices even though they were fair and have required no new government money since 1984.
Adjustments to retiree pensions would be good for the area economy as well as the pensioners. The Secretary of Energy has said he is the person who has to make the decision. I trust you will be willing to help him see the wisdom of not dragging his feet any longer on this move. About 12,000 of us are counting on you to get involved.
Charlie Kuykendall
September 14th, 2007 at 12:14 pm
This same letter should be sent to Senator Alexander. Retirees need Senator Alexander to step up and push the Administration on this issue. After all, he is the senior senator from Tennessee.