We are excited to announce the reboot of “The Bell Effect,” a podcast dedicated to the generations of workers who helped build this country’s great communications infrastructure.
In our latest episode, we hear from your Association’s leaders about the fallout from Verizon’s massive 2024 pension risk transfer deal, a $5.9 billion transaction that offloaded the pensions of 56,000 retirees to Prudential Insurance Co. of America and Reinsurance Group of America Inc.
First, Board Secretary Don Kaufmann provides a brief refresher course on the issue, followed by legal analysis from Edward Stone, General Counsel of the Association of BellTel Retirees. We will learn about who was affected by this pension-stripping deal, the questionable motives of the corporate players involved, and where things currently stand with litigation against Verizon and its partner in the deal, State Street Global Advisors.
These episodes can be heard via computer, iPad, your smartphone, and on many smart TV sets on Apple Podcasts and Spotify.
CLICK HERE to listen on Apple Podcasts.
Or CLICK HERE to listen on Spotify.