CORRE Blog

Lynn Edd Story, retired from BJC, says: 

I spent 29 years and 6 months of my employment for DOE at Y-12 under Union Carbide, Martin Marietta, and Lockheed Martin. In April 1998, I was transitioned to Bechtel Jacobs, where I spent 6 months before retiring in November, 1998. Therefore, I am considered a Bechtel Jacobs retiree and receive my pension from them.

I was reading the Oak Ridger Edition for Thursday, September 27^th and noticed that CORRE may be trying to include Wackenhut and Bechtel Jacobs in their dealings for pension adjustments. If this is the case, will CORRE include Bechtel Jacobs retirees in their business dealings? If so, I want to be a part of CORRE. Let me know if Bechtel Jacobs retirees will be included.

President Reichle responds:

Retiring when he did makes him a "grandfathered" employee.  Meaning that the B-J Trust Fund, established with liability transfers from the MEPP, covers him. 

CORRE is not trying to, it does represent him in all business dealings.  It says so right at the top of our 2007 Position Paper. Tell Lynn Edd to look for our recent correspondence and meeting with B-J managers.

Lynn Edd needs to join CORRE.

This entry was posted on Monday, October 8th, 2007 at 1:10 pm and is filed under Pension Fund. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.