In early 2024, your Association of BellTel Retirees asked our members’ opinions on multiple key issues, to better keep our finger on the pulse of what is most important to our community. We are proud to say that in just days, we received over 1,000 responses with feedback that will be instrumental to strategies we… Read More »
CEO Pay Grows Over 1,200 Percent
In the last half century, the disparity between the regular workers and company CEOs has grown exponentially. While the average CEO’s pay has grown over 1,200 percent since 1978, according to the Economic Policy Institute, typical worker pay has only risen by a comparatively miniscule 15.3 percent. While no one expects an average worker’s salary… Read More »
Retiree Shareowners at Verizon Push Clawback Policy & Transparency on Lead Cables Hazard
Clarifying Our 2023 Proxy “Win”
In the Summer 2023 edition of the BellTel Newsletter, our team announced that we had achieved a proxy win for retirees at the 2023 Verizon Annual meeting. In advance of this announcement we were led to believe that one of our proxy proposals, Golden Parachutes, would be implemented into Verizon corporate policy and, as a… Read More »
ERISA 50th Anniversary
2024 marks 50 years since the Employee Retirement Income Security Act of 1974 (ERISA) became law. This is the federal tax and labor law that established minimum standards for defined benefit pension plans for the private sector in the United States. The earlier movement for pension reform truly began in the 1960s with President John… Read More »
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