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Posted by e.m.ployee on 09 November 2000 at 01:09:09:
There are a couple of issues that need airing: 1. There have been postings on US and other websites that allege that people who held senior positions in the IBM UK Pensions setup resigned in a hurry on seeing what was happening to the C-Plan. It is also alleged that there are copies of their letters of resignation in the circulating, which show how they tried to stop the so-called "raid" on the C-Plan. Do these letters really exist? If they do, shouldn't they be sent to the UK's Pensions Ombudsman as evidence. If they are not forthcoming, it may be that this "documentary evidence" is being held close by individuals who have little interest in the general good or specifically the C-Plan pensioners, but is being kept as possible evidence to support personal vendettas against the Co. 2. It is suggested that the "independent" members of the Pensions Trust have been made subject to a confidentiality agreements which preclude their discussion of the issues with their constituents i.e. the pensioners and the active members who are still ploughing their four percents in. Perhaps they need reminding where their duty lies. Specifically, this site may choose to keep a note of how the elected members have behaved. The question is: "Where does their duty lie?" There are people lurking in the shadows who may be seeking to protect/advance personal agendas, for and against the Co. Now is the time to get everything out - we have a good process to obtain a review and if appropriate, redress; the Ombudsman. It would be very sad if our good case is compromised by individuals who have information which could help all the members but which is held back by personal motives. Now is the time for honourable people to say what they know.
Posted by A C Planner on 09 November 2000 at 22:58:56:
In Reply to: Why not put everything on the table posted by e.m.ployee on 09 November 2000 at 01:09:09:
Note also there are employee members of the Pension Trust Board who represent both current employees and retirees; can't we canvas them for information on what is happening? Shouldn't we be pursing this claim from both within and without IBM?
Posted by e.m.ployee
on 04 December 2000 at 22:27:14:
In Reply to: Re: Why not put everything on the table posted by A C Planner on 09 November 2000 at 22:58:56:
I did approach a one-time employee director of the pensions trust, but "a imminent meeting" obliged him to rush on, unable to discuss the topic. I have not seen him since, but next time he will not get away so easily. As a current employee in the latter stages of his career it is just possible that he finds himself in a position of conflict?
Posted by Fran Wilson - Deferred
on 10 November 2000 at 21:47:54:
In Reply to: Why not put everything on the table posted by e.m.ployee on 09 November 2000 at 01:09:09:
Dear e.m.ployee I recall from my IBM career, what seems an age ago now (1), that IBM employees had a great sense of what was proper but perhaps not what to do when things weren't proper. Don't take this the wrong way but I think you have to be outside to see reality. IBM employees always looked to the Company to do what as right. It seems that the "IBM Government and Judiciary" have, for many in IBM, gone and a void left. That's how I sense your position. "What am I to do? What is the right approach? Who can I trust?" The only good news is that this type of problem is not unique to you. Thousands go through it every year in Britain. I now have a second career counselling people in precisely your situation. The loyal employee will always uphold the Company. The question is a what point does a lifelong loyal employee wake up? At what point does she/he say the Company is wrong? At what point does she/he say .. it doesn't make sense anymore .. at what point do they return to trusting their own judgment? It is not easy. I deal with that every day. The human cost is enormous. I've never met any employee in a crisis situation involving their employer who wasn't devastated. You must be aware of the statistics. You know the divorce statistics... Moving house, moving job, death in the family etc... So what you are talking about is right at the top of the stress scale. As an employee you probably wouldn't believe the character, sheer professionalism and ability to bear pain that taking on an employer involves. Most of my cases are nothing compared to what you are talking about. But I have seen similar. Expect IBM like others to trade on that pressure. Expect them to use every human weakness to gain an advantage. That's the way these battles take place. A classic tactic is to find a weak employee a few years from retirement and make them work for the company by infiltrating those who, at great risk to themselves, are trying to expose wrong doing. How do Companies manipulate people? Enhanced reitement packages, lucrative "consultancy" in retirement, a move to Cornwall for example just before retirement ... I've seen a few. You can do it lots of ways if the people are weak enough. Then of course there are some people who are just obsequious. Those who love their colleagues yet will betray them and then secretly hate themselves for it. It is a recognised condition manifesting itself in a few unfortunates who have often underperformed in relation to siblings. So make no mistake, the moment you enter the World of employer confrontation then your life changes. But those who do speak out are different. It is not for us others to judge them. Either the information is valuable or it is not. I've learnt not to even question their motivation, let alone attempt to judge it. The only thing that is important is did they act? Few people act. Be grateful for them because they are truly the honourable ones. I should also say that it is totally naive to except public posting of all material - any Company would love it. Still, as here, enough has got around to warn many of a huge problem. In case you are in any doubt IBM's legal department will no doubt tell you that those bringing cases to the Ombudsman should not post everything. That's plain rude if not contemptuous ... as you say the Ombudsman is there for just this case. If you want his judgment then you should respect his power to decide. Where this Group comes in is to support those applications and bring pressure to bear thereafter should it be necessary. Everyone here will learn a great deal form this experience.
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