I received paperwork from Nortel today for re-enrollment in the Nortel US Retiree medical plan. It looks like they are offering the same deal but the premiums went up about 13%. That was less than I expected. There is a website to look at the plan details at www.nortel.com/benefits. Click on the "United States", then click on "Choose the right plans" and then on "2011 Retiree Annual Guide".
They also state as usual that they have the right to amend or terminate the plan so lets hope that the plan continues for 2011 and beyond.
Saturday, November 20, 2010
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