Activist retirees at Verizon (NYSE:VZ) are seeking to hold corporate leaders more accountable with two proxy proposals on this year’s ballot: one to claw back earnings from executives whose conduct harms shareholders and another prohibiting above-market earnings for senior executives on certain retirement and deferred income accounts. Proposals by the 134,00-member Association of BellTel Retirees,… Read More »

Pension De-Risking and What It Means for Retirees: A Primer  Pension contributions move plans closer to full-funding needed for annuity buyouts  Retirees say buyouts transfer risks to them via loss of ERISA and PBGC protections Several large companies, including Lockheed Martin and 3M, made big contributions to their pension plans in the first month of… Read More »