Site Banner
.
CORRE Goals and Policies
 

Mission of CORRE

The mission of CORRE is to work for improvement in the administration and distribution of funds and pensions from the pension plan of the operating contractors of Oak Ridge.

Principles of Administration of Pension Funds by Oak Ridge DOE Operating Contractors

Principles for administration of the pension funds of the Oak Ridge operating contractors of DOE have been approved by the CORRE Board of Directors.   The following is the preamble to the principles document:

The following Principles have been adopted by CORRE as those that are fair, reasonable, and ethical to guide the administration and management of the Pension Fund by the current Oak Ridge Contractors, BWTX and UT-Battelle, in meeting the retirement benefits commitment to current and future retirees from Oak Ridge facilities.

For the text of the entire document, click here.  Principles Document

Present Goals

We are working with BWXT, administrator of the pension fund and UT-Battelle, as well as DOE and others in government to achieve the following goals:

1. No "raiding" of the Pension Fund for any purpose.

2. Periodic adjustments to pensions in order to partially correct for inflation.

3. National parity in DOE contractor pension benefits with no regional discrimination.

4. Correction of discriminatory decisions negatively affecting those retiring between April 1, 1998 and April 1, 2001.

5. Elimination of arbitrary caps on pensions for calculating adjustments.

6. CORRE representation on the Contractor Pension Committee in order to represent retiree interests on decisions concerning pension administration.

 CORRE Home
 Benefit Changes (Ret.)

 Business
    Minutes
    Legislative Committee
    Correspondence Sent
    Correspondence Rcvd
    Pension Fund
 Contact CORRE
    Contribute to CORRE
 Elected Officials
 
Goals & Policies
    Position Paper
 Links

 News Headline
    Correspondence Rcvd
    News of Goals
    News of Activities
    President's Message
 
CORRE Organization
    Active Members
    Board Members
    Bylaws
    Charter
    Meeting Location
    Officers

 Questions (FAQ)

 CORRE Home

Working for Fair, Equitable, and Competitive Benefits

for

13,000 Former K-25, Y-12, and ORNL Employees

 

Coalition of Oak Ridge Retired Employees P.O. Box 4266, Oak Ridge, Tennessee  37831-4366


Questions and comments may be sent to CORRE President

Top of Page
Date Modified: 11 March 2007