Update From Retiree Chair Chuck McDonald

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Local 2195 Retires:

 

I have received several calls from our Retirees that took the Mutual Early Retirement: Age 50 with at least 10 years of credited service.  The PBGC notified them they would be cutting the amount of their pension.  We believe this is normal and the PBGC will only pay on the base pension benefit. Therefore General Motors via Fidelity should be picking up the difference NO LOSS NO GAIN. The portion of the pension the PBGC will not pay is the temporary payment for early retirement. We have discussed this several times at our Retiree Meetings.  Hopefully this conversion will be as smooth as the previous adjustments.  If we get any info regarding this it will be on the agenda at the May 10 meeting.

 

 

Most of you know we have been maintaining the up keep of the Local Union Hall with the assistance of volunteers.

 

We have designated Thursday prior to the Retiree Meeting as the day we get together to do the necessary clean up and maintenance.  Since our next meeting is May 10 our next scheduled clean-up day is May 6.  I normally get to the hall by 8:30 am.  We are in need of anyone that enjoys weed-eating and general clean-up on the outside of the building and we need to mop and give a good cleaning to the auditorium on the inside.

 

We have the Hall both inside and out in pretty good shape.  If we stay on top of things we can keep it that way.

 

One thing the we need is a water pump for our Tractor:  It went out on me this week,  I have checked with John Deere in Athens and they want $405. for one.  I thought that might be extremely high: 

 

Our Tractor is a 1977 John Deere 1630 (English made).  It is suppose to be the same as a 1530 American made.  This Tractor was bought used for the hall in 1987.

 

Serial No.258914       Code 163 5A   45 horse power:  The number I have obtained for the Water Pump is: AR97708.

 

If you can assist in any of our ventures we look forward to hearing from you.

 

In Solidarity

Chuck

 

Please feel free to pass this information on to our other members.

 

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