The Employee Retirement Security Act of 1974 (“ERISA”) has not been kind to retirees in recent years! As a result, there have been several recent breakthrough litigations that are exceptionally worthy for our fellow retirees to follow and be aware of. Of particular importance is an actuarial based case for our sisters and brothers who… Read More »
Fall 2022 Newsletter is Live!
Frontier Communications Changes Since Bankruptcy
The July 2010 spin-off by Verizon of its local exchange landline businesses in 14 rural states and communities into Frontier Communications has once again become a hot topic. Back then, the asset transfer included 4.8 million access lines in a deal valued at $8.6 billion. The spin off established Frontier as the nation’s fifth largest… Read More »
Egregious Executive Pay Levels
Another year, another big pay day for the top executives at Verizon, AT&T, and recently bankrupt Frontier. Verizon, AT&T, and the current iteration of Frontier Communications have expanded their listing of executives within their proxy disclosure. The growing roster of the very well compensated even includes several “former” CEOs under consulting contracts. At Verizon, CEO… Read More »
Keep an Eye on Your Retirement Security
The Association of BellTel Retirees all-volunteer board of directors would like to thank all of our members who have already made a contribution in the early portion of 2022. As a non-profit, we run wholly and totally on the support of our members and volunteers. Without you, we are nothing. We are happy to report… Read More »
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