Thursday, January 20, 2011

NRPC Townhall information presented.

The NRPC held a townhall meeting on January 14th for NRPC members in Ottawa. There are 4 other town halls scheduled for later. You can find out more information by going to the NRPC site. Members of the NRPC can access the information presented in the members' section. (See link in right hand column). The slides used in the meeting were also posted on the Nortel Yahoo group by a group member. at:

http://f1.grp.yahoofs.com/v1/AFw4TTraK296tWxhqr6KJwHSzfVJhhyCL1LvxxRxfNmh27oLvDa-hRq5d76-TymJVqApEoqano51j_GzSVFrs_iYgMFS/%20NRPC%20/11.01.14%20yow%20%20townhall%20presentation%20%20v1.pdf

The NRPC has presented information on topics that are important to all Nortel ex-employees including political action,pension plan status, FSM model,the HWT decision, Morneau Sobeco, estimated timeline etc.

It looks like the reduction in pension will occur sometime in the second quarter 2011 and will be timed to coincide with the start of Ontario payouts from the PBGF.

According to a voicemail message I received today Koskie Minsky will not participate in this webinar but will hold one later in the year, probably during the second quarter.

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