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Monday, June 23, 2008

Tell Zell: Project 3: The Pension


The Blogger/Bloggers over at Tell Zell has hit the Blogosphere by storm with hard hitting news important to the men and women that are employees of the Tribune Company. Here's a sample of their informative work.

In spring 2006, a handful of employee then retiring or leaving the Tribune Company noticed a curious thing about their pension plans. Without notice, the Tribune had decided to apply a controversial calculation that, in effect, cut their pensions. The explanation is a little bit mathy, but it's one of several things that has set off alarm bells among ex-Tribuners who have emailed the Retch about the use—and potential abuse—of the Tribune Pension Fund.

Click on link below to be redirected to the entire article.

Tell Zell: Project 3: The Pension

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