Working to Obtain Fair Treatment of Retirees of DOE Contractors in Oak Ridge

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Get a copy of the DVD by CORRE on the "Failure of the DOE Pension System for Oak Ridge Contractor Retirees."
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"Potential Discrimination" Issues

CORRE has a long list of "potential discrimination" issues which we have communicated to both the Department of Labor and the IRS.
 
Here is CORRE's list:

(1)  excluding vested employees from any pension adjustments
(2)  the absence of any written, public pension policy. This allows DOE and the contractors to play the pension adjustment game anyway they want to and has contributed to the discriminatory actions below
(3)  gapping, with no adjustments for the past three years for retirees, when making past adjustments
(4)  arbitarily capping pensions that are above acertain level with no apparent guide as to what set the level of each cap, i.e., on what basis does one decide what portion of an employees' pension is eligible for adjustment? If one was good enough to earn it, why is one then penalized in retirement?
(5)  delay of 6 years in 2000 of giving retirees the "pop-up" after employees had already received it
(6)  pension inequality across the DOE complex with Tennessee at the bottom
(7)  two attempts at 420-Fund transfers to use pension assets for building construction
(8)  using pension assests to improve workers pension benefits in 2004 while denying anything to retirees.
(9)  granting the 2% flat rate spousal option in 2004 to workers when they retiree, but denying the same benefit to retirees
(10)  28% Medicare drug cost sharing violating company's promise to share health costs 50-50 with retirees
(11)  PPA which now allows companies to use excess of 120% pension assets for the companies share of health costs.  This encourages companies to deny adjustments to get assets over 120% so they can be diverted.  It's "double stealing."

And none of this addresses the multiple times DOE has distorted the truth, and misrepresented the facts, so as to mislead legislators and the media (see CORRE's Pension Disinformation).

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Copyright © 2007 CORRE- All Rights Reserved

Working for Fair, Equitable, and Competitive Benefits
for
12,000 Former K-25, Y-12, and ORNL Employees
 

Coalition of Oak Ridge Retired Employees

P.O. Box 4266, Oak Ridge, Tennessee  37831-4366

Email: service@corre.info

Comments and corrections on the CORRE website: webmaster@corre.info

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