Archives for October 2008

Verizon announced today that a new policy that requires shareholder approval of any new agreements with senior executives that provide for cash severance payments in excess of 2.99 times the sum of the executive’s salary plus annual short-term bonus. This proposal was submitted at the April 2003 Annual Meeting of Shareholders by the Association of… Read More »

Just short of the 9th year since the first organizational meeting, the Association signed up the 100,000th member, and a bonus, the 100,001st member – husband and wife.  A Virginia couple, both retirees of the C & P Company, joined the Association and pushed our membership over the 100,000th mark.  Margaret and Luther Becraft both… Read More »

The Association is fully committed to raising the level of awareness about issues that affect its membership.  But we need your help to continue these efforts. BellTel is frequently contacted by newspapers, magazines, television and radio outlets throughout the country looking to tell the story of retirees and the hardships they face.  These requests come… Read More »

March 21, 2005  — For the third consecutive year, leaders of the Association of BellTel Retirees (www.BellTelRetitrees.org) — an advocacy group made up of retirees from Verizon Communications (NYSE:VZ) and its subsidiaries, have succeeded in altering the company’s corporate policies through the proposal of shareholder proxies.    Verizon has agreed to change its corporate policy… Read More »

The reaction and outpouring of support for the managers who will be hurt as a result of the restructure of pension and healthcare benefits has been tremendous.  Our office has received a huge number of calls and e-mails asking how Association members can help.  Your Association is presently examining all of the options that are… Read More »