Insights from Special Counsel Edward Stone on 2025 Pension Litigation can now be viewed online at the BellTel YouTube Channel.
In this video, Mr. Stone shares his latest thoughts on the current lawsuit challenging Verizon’s 2024 pension risk transfer to Prudential and RGA, and reflects on the AT&T class action case. He also spotlights the ongoing need for state legislation to protect retirees who might someday be caught in the middle of these multibillion-dollar pension stripping spin-off transactions.
If you are keeping count like we are, to date, Verizon and AT&T combined have spun off a massive $22.5 billion of OUR pension assets, so this matters for every single one of those 193,000 beneficiaries and the lifetime guarantee made to each of you in our working years.
We encourage you to click in, to watch Edward Stone’s updates, and share it with other members of the Verizon and AT&T community. Don’t forget to add your ideas and thoughts in the comments section of the video, or on our other BellTel Retiree social media channels!