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Click on one of these links to visit CORRE Web Pages CORRE Accomplishments Directions for joining CORRE Goals and Policies News Board Minutes CORRE Organization Bechtel Jacobs Information Legislative Affairs Contacts and Links CORRE Corner of Retirement News To Join CORRE Active Membership List Supporting Resolutions by Local
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What I can do! |
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Download "Pension Fund Analysis" Dec 2005 |
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| for Elected Officials |
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Call to Action For many letters and phone calls to our Congressmen and media representatives |
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CORRE has petitioned the DOE
contractors to extend the 2% flat rate spousal option offered
to employees in July 2004, to retirees as well. It is past time
for another pension adjustment, since current
retirees have lost, on average, over 50 percent of the value of their
pensions due to inflation.
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A letter from President Dave Reichle to Oak Ridge retireesDear Fellow Retirees: CORRE’s Board of Directors has been very busy during the first half of 2005. During March, April, and May CORRE representatives have met with officials from DOE-Oak Ridge and DOE prime contractors in Oak Ridge—BWXT, UT-Battelle, Wackenhut, and Bechtel-Jacobs. CORRE has also briefed staff of the Tennessee Congressional Delegation on pension issues of concern to employees. These pension issues are discussed in detail in the new CORRE 2005 Position Paper. You will find a copy of this position paper, and other activities underway, on this web site. Click on (CORRE 2005 Position Paper) to read a copy of the position paper and on (CORRE Accomplishments and Activities) to see a list of CORRE accomplishments and activities. The Pension Fund is healthy and the surplus is well over half a billion dollars in excess of that necessary to meet all auctorial liabilities. CORRE has petitioned the DOE contractors to extend the 2% flat rate spousal option that was offered to employees in July 2004, to retirees as well. CORRE also believes that it is time for another pension adjustment, since current retirees have lost, on average, over 50 percent of the value of their pensions due to inflation. Dave Reichle, CORRE President June 2005
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An interesting report concerning the economic benefits of the Department of Energy to the State of Tennessee is available in the News of CORRE section of this web. |
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Board adopts Revised Position Paper for 2005 Full Text of 2005 Position Paper (as of April 20, 2005) |
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A section has been added to the CORRE web site to provide information that is of particular interest to the Bechtel Jacobs retirees. Please note the additional link to the Bechtel Jacobs information in the heading and footing of this page. You may also review this information by clicking here: Bechtel Jacobs Information |
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The Savannah River Site (SRS) Retiree organization has forwarded their May 2005 Newsletter. It shows that they are addressing many of the same issues facing CORRE and the Oak Ridge retirees. To read this newsletter click here: (SR Retirement Newsletter, May 2005). You will need a copy of Adobe Reader to read this newsletter. To return to this site after reading the newsletter click on your browser's back arrow. |
| CORRE
News--The Voice of Oak Ridge Retirees, Volume 1, Issue 1
Click here, CORRE News October 2004, to read the first issue of the CORRE News. You must have Acrobat Reader 6.0 or later on your computer to view this page. After reading the News return to this web page by clicking on your browser back arrow. |
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Important-Please give us your contact information so that we can contact you quickly for breaking news, the need for help, or to attend quickly called meetings. Click here to go to form to enter or change your personal information. |
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The January 6, 2005 issue of the The Oak Ridge Observer includes an interesting article by Paul Parson about the Oak Ridge retirees' pensions. To read a re-print of this article, click here: News: The Oak Ridge Observer. Thanks to the Observer for permission to re-print their article. |
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There was a lot of CORRE activity during 2004-2005. To review a sample of these activities click here. |
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An example of that activity |
Presentations |
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During 2004 presentations were made to several groups. To review the charts used during those presentation click on the links below. | |
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Joe Setaro (l) discusses CORRE's objectives with Representative Zach Wamp (r), October 27, 2004 |
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To read about CORRE representatives visits with the staffs of our local Congressmen click here. |
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Click on CORRE Corner to see past editions of the CORRE news published in the BWXT Y-12 Retirement News. Thanks to BWXT's support this is now a regular feature of the CORRE web site. You must have Acrobat Reader 6.0 or later on your computer to view the Retirement News |
| Board Meetings: Third Wednesday of the month at 2:00 p.m. in the Oak Ridge Senior Center |
| Minutes of Board meetings Board Minutes |
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CORRE Accomplishments: A new "accomplishments" section has been added to the CORRE web to compile and summarize the key accomplishments and important activities of the organization. The reader can click on the link at the start of this bullet or the one in the page heading with the same label to learn what CORRE has been doing since its inception in September 2000. |
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New Charter and By-laws of CORRE as a not-for-profit corporation in the State of Tennessee (Charter and Bylaws) |
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Revised Principles (February 20) for Administration of Pension Funds Adopted- Recommends retiree membership on contractor pension boards Principles Document |
If you have an organization for retirees that you would like to have included in our listing please send us an email with your information at CORRE Secretary
CORRE is a not-for-profit organization representing 13,000 retirees of the major DOE Sites in Oak Ridge. The primary objectives of CORRE are to obtain and maintain pension benefits that are fair, equitable, and competitive compared with other industries in the region and with other major DOE contractors and to protect the pension fund.
Click on one of these links to visit other CORRE Web Pages
CORRE Accomplishments Directions for joining CORRE
Goals and Policies News Board Minutes CORRE Organization Bechtel Jacobs Information Legislative Affairs
Contacts and Links CORRE Corner of Retirement News Provide Your Contact Information Active Membership List
Supporting Resolutions by Local Governments
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| Date Modified: 7 February 2006 |