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Working to Obtain Fair Treatment of Retirees of DOE Contractors in Oak Ridge |
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Learn about and take action on-
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What's wrong with this picture?
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| For years, DOE has denied pension adjustments to help retirees with inflation even though the fund surplus is more than enough to pay for needed increases. |
Let your congressmen, the DOE and company executives know that you expected better than this treatment. |
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DOE and its contractors in Oak
Ridge have apparently abandoned the practice of granting adjustments,
as was expected from the practice of Union Carbide which set up the
pension program in Oak Ridge.
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Oak Ridge has been cheated for over 20 years by DOE because it has not made any appropriated addition to the pension plan. Let your Congressmen know that you expect Tennesseans to be treated better than this. |
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By denying pension adjustments DOE has assured
that they have not had to make a contribution to the Oak Ridge
retirement fund for over 22 years. And yet they routinely make
contributions of 9 - 10% of payroll for retirement programs at some
other sites in other states. Is this a fair and equitable? Of
course not! It is systematic discrimination! |
Learn about the issues regarding Oak Ridge contractor pensions. |
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Learn about how unfair DOE and DOE
contractors on Oak Ridge have been when it comes to pensions. Oak Ridge
employees and retirees have been systematically discriminated against
in their pension plans, without any provisions for corrections. Click
on the links below and, in just a few minutes of your time, you will
understand the issues and agree that DOE is not treating Oak Ridge
retirees fairly. Click here for full presentation.
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Summary of the Issues |
| Are Oak Ridge, Tennessee DOE contractor retirees receiving equitable treatment? |
FACT |
DOE Contractor retirees in Oak Ridge, TN still have one of the poorest defined-benefit pension plans in the DOE Complex. |
FACT |
Current practice in Oak Ridge is to not use fund surplus (of nearly $600,000,000) to grant retirees adjustments, but to use the fund surplus to pay for, and improve, the pensions of all workers hired since 1984, for whom the DOE has not made a contribution from its budget since 1984. |
FACT |
DOE routinely makes substantial contributions to pensions at DOE sites in other states of 9-10 % of salary. |
FACT |
Retirees have sustained very serious inflation losses in their pensions while facing huge increases in their medical insurance premiums. |
CONCLUSION |
DOE and the Contractors need a more balanced view. On the basis of moral, ethical and equity considerations, the employees and the retirees both have rights to the surpluses of the fund. Adjustments are more than justified. |
Take action on these issues.
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Call or write to your U.S. representative and the senators. Here's how!Write a letter to the editor. Here's how!Put a bumper sticker on your car. Get them here.Show the DVD to someone, or give them a copy. Here's how to get it!Speak to a company manager or executive. Here's how!Contact the DOE managers. Here's how!More on action at this location.
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Copyright © 2007 CORRE- All Rights Reserved
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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