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Local 924
GE Retirees
Hold Annual Dinner

At the UE Local 924 Retirees' Dinner

More than 200 retired members of Local 924 and guests held their annual dinner Oct. 3. They heard from Steve Tormey, secretary of the UE-GE Conference Board, who called attention to General Electric’s pension fund of $50 billion. He noted that not only does GE hold on very tightly to that money, the company attempted to increase prescription co-pays for retirees in 2000 negotiations. Tormey cautioned retirees not to let politicians scare them into backing privatization of Social Security; the system is safe. Retirees Assn. Treas. Leonard King gave a report on the Labor Party and encouraged those not already members to join. Pres. Bill Kershner reminded everyone that association meets the first Monday of every month at the Decatur Library. The retirees worked at the former Decatur GE plant.

UE News - 12/00

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