Each of us have logged tens of thousands of hours serving the most critical communications companies during our careers to lead productive and rewarding lives. The next or perhaps current chapter – retirement – comes about quickly as a dramatic and overwhelming change of pace. It’s where we find ourselves with “more time” than we… Read More »
Dangerous Toxic Exposure 2001-02
The Verizon Building at 140 West Street was immediately adjacent to the Twin Towers and 7 World Trade Center (WTC), which collapsed in the aftermath of the September 2001 terrorist attacks. Toxic debris from the Towers collapses fell onto the Verizon rooftops, ledges, inside windows and HVAC systems and tore gaping holes in the… Read More »
Pension De-Risking Tsunami Gets Congress’ Attention
Corporate pension “de-risking” is growing into what might be one of the greatest threats to retirement security of all time. Pension de-risking is the off-loading of pension liabilities to insurance companies often through the purchase of a group annuity contract. In the last decade hundreds of billions (yes, that’s billions with a “B”) of… Read More »
Fall 2022 Chairman’s Report
The following is Thomas Steed’s Fall 2022 Chairman’s Report: My Fellow Retirees & Current Employees, I hope you and your families have had a wonderful summer. In many ways, due to COVID, some of us feel we have lost or been deprived of so much over the last two years. Perhaps, we more keenly appreciate… Read More »
NY TelCo Fire Plaque Dedication – At Last!
It may have taken half a century, but at the end of May 2022, the Fire Department of the City of New York held a solemn NY TelCo Fire Plaque Dedication Ceremony. Nearly 50 years ago, on February 17, 1975, the largest toxic indoor fire raged at a critical switching station at Second Avenue and… Read More »
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