This is an update to an email we sent out to our members earlier this year.   As part of the 2013 Medicare benefits changes, Medicare beneficiaries with higher incomes will have an additional premium for their prescription drug plan. This is called Part D IRMAA (Income-Related Monthly Adjustment Amount).   Those being affected… Read More »

November 29, 2012 This notice applies only to Medicare-eligible Verizon retirees: Recently, Verizon sent a letter to retirees detailing some changes to the Verizon-sponsored Prescription Drug Program, Express Scripts, for the 2013 plan year. We would like to draw your attention to one major change you should consider when making your benefits elections. Starting in… Read More »

November 6, 2012 Dear Association Members: The board members of the Association of BellTel Retirees and their staff send out their prayers to all being affected by Hurricane Sandy. Our office is located in Cold Spring Harbor, NY (which is located on the north shore of Long Island). While we fared much better than most,… Read More »

October 21, 2012Last Wednesday, Verizon announced that pension funds for 41,000 management retirees were to be transferred to Prudential Financial Inc. This came as a shock to all of us. The Association immediately reached out to experts in pension matters including the Pension Rights Center and attorneys who specialize in these matters. This was very… Read More »

March 7, 2011 As you probably know, Verizon sent out a letter to retirees regarding a new group Medicare prescription drug plan (Part D) for 2013. I spoke with Donna Chiffriller, Verizon’s Vice President of Human Resources, who clarified some questions and concerns. Below is a list of questions and answers: What precipitated this change?… Read More »