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THE SPRING NEWSLETTER IS HERE


In this issue we talk about the transition from Alcatel-Lucent to Nokia and address many of the questions raised by our retirees regarding this transition.

The History Corner article features a look back at the Teletype Corporation, an important part of our shared Bell System heritage.


IH50th

Retiree Registration is now open for Naperville 50 Year Anniversary - Fabulous Fifty Festivity Event, which will be held on August 31st, 2016, celebrating 50 years of innovation at IH/NSC/IX/IW/IHC/IHP/etc.

Registration is required in order to attend. We will be unable to accommodate walk-ins.

Attendance from retirees will be limited to the first 500 people that register, so don’t delay!

If you have questions, please contact Mike Castleberry at: Mike.Castleberry@nokia.com

Adobe Reader® is required to view some documents. Please download it here.  


Remember these folks? At least one of them will attend the conference!

LRO LEADERSHIP TO HOST RETIREE INFORMATION CONFERENCE
WITH LUCENT RETIREES IN
Denver, Colorado on August 30th, 2016.

Dear Colorado Area LRO Retiree:

Are you concerned about the current state of Lucent Health Care and Pension funds?

Are you seeking to learn more about the current state of the offered Health Care Programs, current-funding levels of the Pension program, and our 2016 Legislative agenda? Are you interested in meeting the LRO leadership team? Then this is your opportunity to learn and ask your questions to the LRO leaders.

Mark your calendar for August 30th Tuesday, at Doubletree by Hilton Denver- Stapleton North, 4040 Quebec Street, Denver, CO 80216. The meeting will begin at 10:00 am and will last until approximately 2:00pm.

THE LRO LEADERSHIP TEAM will be on-hand for this special meeting to meet with you and to help address your concerns and questions. Joe Dombrowski, LRO President, will introduce LRO plans and initiatives, Ron Hoth will discuss Health Care Benefits,

Al Duscher will review current funding of the Pension Trust, and Bob Martina will present the LRO/NRLN advocacy role.

We urge all Lucent retirees to come join us for this special conference. Bring your spouse and Lucent retiree friends, including those who may not yet be LRO members. Let’s make this a very informative reunion and a chance to come together to learn more about Healthcare, Pension funding and the LRO’s advocacy role. To assure adequate planning, RSVP’s are important. Go to www.lucentretirees.com/invitationx.html to respond with names and number of attendees. Those without web access should confirm attendance by calling Joe Dombrowski 480-766-3386.

We look forward to meeting you at the Doubletree by Hilton, Stapleton North on Tuesday August 30th at 10:00 am.

Best regards,
Joe Dombrowski, President


WEBSITE FEATURES

THE HISTORY CORNER


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History Corner pieces in our recent newsletters (THE LRO CONNECTION) can be accessed at any time by clicking on the HISTORY CORNER tab on the navigation bar..

Check out the History Corner tab for the first 100 year history of the Western Electric Co. from 1869 to 1969.

If you have historical information, send to Gary Reichow at greichow@hotmail.com.


Information on the Passing of Retirees

Under the "In Memoriam" tab located at the top of this page, the LRO lists the submitted names of recently deceased individuals and, where possible, provides a linkage to an official obituary. Information required and the form to list an individual are contained on the "In Memoriam" page. We encourage family members and friends to take advantage of this service.


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RETIREE NEWS

‘America’s Other Drug Problem’: Copious Prescriptions For Hospitalized Elderly
By Anna Gorman; Kaiser Health News ~ Aug 30, 2016

Doctors wasting millions on low-value services, study says
By Stephen Feller; United Press International ~ Aug 30, 2016

One-third of U.S. could see only one Obamacare option as insurers pull out
By Tom Howell Jr.; The Washington Times ~ Aug 29, 2016

If Obamacare Covers My Health Insurance, Who Will Cover My Time?
By Michael T. Hamilton; The Federalist ~ Aug 30, 2016

Your IRA Can Be A Lousy Business Partner
From Adam Bergman; Forbes ~ Aug 30, 2016

The Left And Right Appear To Agree On Something That Will Produce Better Health And Better Pensions
From John C. Goodman; Forbes ~ Aug 30, 2016

IRS doesn’t tell 1 million taxpayers that illegal immigrants stole their Social Security numbers
By Stephen Dinan; The Washington Times ~ Aug 30, 2016

FAQ: Hospital Observation Care Can Be Costly For Medicare Patients
By Susan Jaffe; Kaiser Health News ~ Aug 29, 2016

Modesty Could Have Averted the Anguish of Obamacare
By Megan McArdle; Bloomberg ~ Aug 29, 2016

How the U.S. Health Care System Fails Its Sickest Patients
By Sy Mukherjee; Fortune ~ Aug 29, 2016

Administration issues new rules aimed at strengthening ObamaCare
By Peter Sullivan; The Hill ~ Aug 29, 2016

As Obamacare choices dwindle, feds face consumer, political backlash
By Jayne O'Donnell, Ken Alltucker, Laura Ungar &d Tony Leys; USA TODAY ~ Aug 29, 2016

More U.S. counties to see Obamacare marketplace monopoly: analysis
By Trevor Hunnicutt; Reuters ~ Aug 29, 2016

Health-care exchange sign-ups fall far short of forecasts
By Carolyn Y. Johnson; The Washington Post ~ Aug 27, 2016

This Is Americans' greatest financial fear
By Maurie Backman, TMF; USA TODAY ~ Aug 29, 2016

Making Your Retirement Savings Last
From Olivia Mitchell; Forbes ~ Aug 28, 2016

Dear EpiPen Customers . . .
By Holman W. Jenkins, Jr., Wall Street Journal - Aug 26, 2016

Wall Street Journal: Pension Crisis in 'Cover Up' Mode
Newsmax ~ Aug 27, 2016

Another Obama Parting Gift
The Wall Street Journal ~ Aug 26, 2016

Pushing back retirement age to 70 would be harder on low-income workers
By Gail MarksJarvis; Chicago Tribune ~ Aug 26, 2016

Column: Drug companies spend millions to keep charging high prices
By David Lazarus, Los Angles Times - Aug 26, 2016

Rx robber barons: The disgusting EpiPen price hike is everything that’s wrong with the pharmaceutical industry and politics
By Gary Legum, Salon - Aug 25, 2016

ObamaCare's Nasty Surprise for Seniors
By John C. Goodman; Investor’s Business Daily ~ Aug 25, 2016

Some Steep Premium Increases Seen As States Begin To Approve Insurers’ Rate Plans
From KHN Morning Briefing; Kaiser Health News ~ Aug 25, 2016

5 Reasons Prescription Drug Prices Are So High in the U.S.
Yahoo Finance - Aug 23, 2016

5 Things to Know About Health-Care Spending in the U.S.
By Anna Louie Sussman; The Wall Street Journal ~ Aug 25, 2016

Group asks judge to block Obama's financial adviser rule
By Lydia Wheeler; The Hill ~ Aug 25, 2016

Healthcare.gov scales back a major web site update
By Mark Brohan; Internet Health Management ~ Aug 24, 2016

Obamacare Subsidies Preserve Access as Premiums Climb, U.S. Says
By Zachary Tracer; Bloomberg ~ Aug 24, 2016

As The For-Profit World Moves Into An Elder Care Program, Some Worry
By Sarah Varney; Kaiser Health News ~ Aug 24, 2016

Choices dwindling for Obamacare customers
By Tami Luhby; CNNMoney ~ Aug 23, 2016

Another Health Insurer Pulls Out Of Obamacare
By Juliegrace Brufke; The Daily Caller ~ Aug 23, 2016

If you live in the US, you pay too much for prescription drugs
By Rachel Becker; The Verge ~ Aug 23, 2016

Opinion: Health Care Is a Business, Not a Right
By Megan McArdle; Bloomberg ~ Aug 23, 2016

Social Security rolls back security measures on website
By Stephen Ohlemacher; The Associated Press ~ Aug 23, 2016

New estimates: Deficit increase after years of declines
By Andrew Taylor; The Associated Press ~ Aug 23, 2016

6 Reasons Why Obama is Wrong About Obamacare
By Shawn Tully ; Fortune ~ Aug 22, 2016

An "October Surprise" for Obamacare?
From Sally Pipes; Forbes ~ Aug 22, 2016

Doctors Want Face Time With Patients, Not Screen Time With CMS
By Michael Hamilton; The Heartland Institute ~ Aug 22, 2016

Why Your Social Security Number Is So Precious
By Brette Sember; Business 2 Community ~ Aug 22, 2016

America’s worsening retirement problem
By Danny Vinik; Politico ~ Aug 22, 2016

Fiddling on Social Security
By Brenton Smith, Las Vegas Review Journal - Aug 20, 2016

Blue Cross Plans May Be Obamacare's Fire Wall
From Bruce Japsen; Forbes ~ Aug 21, 2016

Obamacare’s Inherent Weakness, and Four Options for Health Care Moving Forward
By Robert Litan; The Wall Street Journal ~ Aug 21, 2016

US doctors waste millions of dollars on branded medicines
By David Crow; The Financial Times ~ Aug 21, 2016

As the number of freestanding ERs grows, so does scrutiny
By David Warren; The Associated Press ~ Aug 21, 2016

Without a subsidy, couple faces higher insurance premiums
The Associated Press ~ Aug 20, 2016

Opinion: The Great American Retirement Crisis
By Zach Scheidt; The Daily Reckoning ~ Aug 17, 2016

Repeal or retain? Election opens final act for 'Obamacare'
By Ricardo Alonso-Zaldivar; The Associated Press ~ Aug 20, 2016

Think Your Obamacare Plan Will Be Like Employer Coverage? Think Again
By Margot Sanger-Katz; The New York Times ~ Aug 19, 2016

Where Does U.S. Health Care Rank Among Other Major Nations?
By Ed Cara; Newsweek ~ Aug 20, 2016

Is there a cure for high drug prices?
Standard-Times ~ Aug 20, 2016

Social Security's Long-Term Cash Shortfall Has Doubled Since 2010 and Now Stands at $32 Trillion
By Sean Williams; The Motley Fool ~ Aug 20, 2016

Medicare should cover costs for marrow donor/cord blood transplants like solid organs
By Jeffrey W. Chell, M.D. ; The Hill ~ Aug 19, 2016

U.S. Officials Move to End Duplicate Health Care Coverage
By Robert Pear; The New York Times ~ Aug 19, 2016

Obamacare's Public Option Is No Longer Defensible
By Megan McArdle; Bloomberg ~ Aug 19, 2016

Advisors Guide Clients Through The Complexities Of Social Security
By Morey Stettner; Investor’s Business Daily ~ Aug 19, 2016

Costly financial fees you may not know you're paying
By Dayana Yochim; The Associated Press ~ Aug 19, 2016

Where Clinton and Trump Stand on Retirement Security
By Richard Eisenberg; Next Avenue ~ Aug 19, 2016

Hillary Clinton calls out drug maker Gilead over price of hepatitis C pills
By Eric DuVall, UPI - Aug. 18, 2016

Administration moves to address insurer complaint on ObamaCare
By Peter Sullivan; The Hill ~ Aug 18, 2016

Doctor Prescribing Linked to Industry Gifts
By Kimberly Leonard; US News & World Report ~ Aug 18, 2016

Health providers may be steering people to Obamacare to get higher reimbursement
By Dan Mangan; CNBC ~ Aug 18, 2016

New study finds homebound, elderly patients missing out on in-home care
By Jane Kelly; Medical Xpress ~ Aug 18, 2016

Column: Social Security texting snafu underscores customer service woes
By Mark Miller; Reuters ~ Aug 18, 2016

Longevity And Your Retirement
From "FidelityVoice”; Forbes ~ Aug 18, 2016

Nokia Corp. (ADR) Scores A Big Telco Win In China
By Leo Sun; The Motley Fool ~ Aug 17, 2016

Medical Providers Try Uber, Lyft For Patients With Few Transportation Options
By Zhai Yun Tan ; Kaiser Health News ~ Aug 17, 2016

New cholesterol drugs good for patients, may drive up costs
By Stephen Feller; United Press International ~ Aug 17, 2016

People With Obamacare Plans Filled More Prescriptions, But Had Lower Costs
By Shefali Luthra; Kaiser Health News ~ Aug 17, 2016

Obamacare Is a Money-Loser for Insurers, Who Are Giving Up
By Zachary Tracer; Bloomberg ~ Aug 17, 2016

Are Virtual Care Clinics the Wave of the Future?
By Beth Howard; US News & World Report ~ Aug 17, 2016

Ten years after retirement security law, it’s time to act again
By Former Sen. Kent Conrad (D-N.D.) &James B. Lockhart III; The Hill ~ Aug 17, 2016

Seniors say ‘no’ to government involvement in healthcare decisions
Marlin Business Finance Resource Center ~ Aug 16, 2016

Reimbursement persists as obstacle to telehealth adoption
By Susan D. Hall; FierceHealthcare ~ Aug 16, 2016

Fed Survey: Obamacare Causing Companies to Cut Jobs
By Vipal Monga; The Wall Street Journal ~ Aug 16, 2016

Obamacare Architect: Aetna Pulling Out of Exchanges Is Politically Motivated
By David Rutz: The Washington Free Beacon ~ Aug 16, 2016

Insurers continue to abandon ACA exchanges, limiting choice
By Tom Murphy; The Associated Press ~ Aug 16, 2016

Rising Health Care Costs Can Eat Up Your Retirement Savings
By Janna Herron; The Fiscal Times ~ Aug 16, 2016

Beginning of the End: The ‘Un’Affordable Care Act Continues to Unravel
By Twila Brase; Cybercast News Service ~ Aug 15, 2016

Customers’ Laser-Like Focus On Plan Prices Is Causing Concerns In Health Insurance Market
From KHN Morning Briefing; Kaiser Health News ~ Aug 15, 2016

Obama administration races to make Medicare changes as healthcare industry objects
By Elizabeth Leis Newman; McKnight’s ~ Aug 15, 2016

Seniors won't need to text to access Social Security accounts
By “U.S. Senate Special Committee on Aging”; KSPR ~ Aug 15, 2016

A Bumpy Economic Ride
By Mortimer B. Zuckerman; US News & World Report ~ Aug 15, 2016

8 crucial (mostly disappointing) findings on our financial health
By Sean Williams, The Motley Fool; USA TODAY ~ Aug 15, 2016

Even With Alcatel Integration Woes, Why Nokia Shares Could Rise 70% or More
By “247chrislange”; 24/7 Wall St. ~ Aug 15, 2016

Cost, Not Choice, Is Top Concern of Health Insurance Customers
By Reed Abelson; The New York Times ~ Aug 12, 2016

Four Freedoms That Will Define The Future Of Aging
From Jo Ann Jenkins, Next Avenue; Forbes ~ Aug 14, 2016

The 'Big Lie' Behind the Rosy Unemployment Rate
By David Sirota; Newsweek ~ Aug 14, 2016

Taxpayers on the Hook as Obamacare Exchanges Near the Edge of Collapse
By Phil Kerpen; Cybercast News Service ~ Aug 12, 2016

A secretive board controls access to prescription drugs for millions of Americans
By Samantha Liss; St. Louis Post-Dispatch ~ Aug 13, 2016

You won't believe what Medicare won't pay for
By Brian Feroldi, TMF; USA TODAY ~ Aug 13, 2016

Why Some Life Insurance Premiums Are Skyrocketing
By Julie Creswell & Mary Williams Walsh; The New York Times ~ Aug 13, 2016

What Trump and Clinton didn't say in their economic speeches
By Christopher S. Rugaber; The Associated Press ~ Aug 13, 2016

Where Trump and Clinton Stand on Health Care and Medicare
By Emily Gurnon; Next Avenue ~ Aug 12, 2016

Social Security: Where Clinton and Trump Stand
A head-to-head look at their plans for the retirement program

By Richard Eisenberg; Next Avenue ~ Aug 08, 2016

A dangerous experiment
By Rep. Earl L. “Buddy” Carter (R-Ga.) ; The Hill ~ Aug 12, 2016

Medicare changes fiercely resisted
By Peter Sullivan; The Hill ~ Aug 12, 2016

Medicaid estimate renews cost concerns over 'Obamacare'
By Ricardo Alonso-Zaldivar; The Associated Press ~ Aug 12, 2016

Tepid retail sales lower expectations for US economic growth
By Christopher S. Rugaber; The Associated Press ~ Aug 12, 2016

GOP, Dems not eye to eye on retirement, tax issues
By Hazel Bradford; Pensions & Investments ~ Aug 12, 2016

5 Retirement Mistakes To Avoid For Pre-Retirees And Retirees
From Bart Astor; Forbes ~ Aug 12, 2016

Where To Find Retirement Income That Rises With Inflation
From Kerry Hannon; Forbes ~ Aug 11, 2016

Former Alcatel-Lucent building for sale
By Anna Marie Kukec; Daily Herald ~ Aug 11, 2016

Should Big Insurance Become Like Walmart To Lower Health Costs?
By Jay Hancock; Kaiser Health News ~ Aug 11, 2016

Next president faces possible ObamaCare meltdown
By Sarah Ferris; The Hill ~ Aug 11, 2016

Feds: Early ObamaCare data 'encouraging'
By Sarah Ferris; The Hill ~ Aug 11, 2016

Obama Administration Counters Insurer View on Healthcare Law’s Costs
By Louise Radnofsky; The Wall Street Journal ~ Aug 11, 2016

AT&T Brings DirecTV Services to More Than 24,000 Healthcare Facilities
From News Wire Feed; Light Reading ~ Aug 11, 2016

Column: It's time for the government to play hardball with those whining Obamacare insurers obama
By Michael Hiltzik; Los Angeles Times ~ Aug 09, 2016

Government Loaned Billions To Start ObamaCare Co-ops With No Plan To Repay
By Thomas Phippen; The Daily Caller ~ Aug 10, 2016

The big ObamaCare bubble
By Bryan Rotella; The Hill ~ Aug 09, 2016

I Received Those IRS Lawsuit Calls, Too: Scammers Don't Discriminate
By Kelly Phillips Erb; Forbes ~ Aug 10, 2016

Medicare spending climbs as physicians provide more tests in their offices
By Ayla Ellison; Becker’s Hospital CFO ~ Aug 10, 2016

How to live a longer and happier retirement
By Walter Updegrave; CNNMoney ~ Aug 10, 2016

Future of drug pricing: paying for benefits not per pill
By Ben Hirschler, MDS; Reuters ~ Aug 09, 2016

Beyond 'Obamacare': State initiatives refocus health debate
By Ricardo Alonso-Zaldivar; The Associated Press ~ Aug 09, 2016

Healthcare costs to continue rising for large U.S. employers
By Ruojing Liu, MDS ; United Press International ~ Aug 09, 2016

Obamacare's Advocates Mostly Agree On The Facts But Suggest More Corporate Welfare To Prop Up Law
From Seth Chandler; Forbes ~ Aug 09, 2016

Elderly Hospital Patients Arrive Sick, Often Leave Disabled
By Anna Gorman; Kaiser Health News ~ Aug 09, 2016

Most sick, aging Americans live far from in-home care
By Karen Pallarito, Healthday; Medical Xpress ~ Aug 09, 2016

Retirement Spending Increases And Decreases Over Time
From Wade Pfau; Forbes ~ Aug 09, 2016

Conservative group launches ads against Obama Medicare 'experiment'
By Peter Sullivan; The Hill ~ Aug 08, 2016

Social Security's looming $32 trillion shortfall
By Tom Anderson; CNBC ~ Aug 08, 2016

Dust Off Your Estate Plan: 10 Common Pitfalls To Avoid
From FidelityVoice; Forbes ~ Aug 08, 2016

Avaya Reportedly Considers Selling Contact Center Unit
By Jeffrey Burt; eWeek ~ Aug 08, 2016

AT&T to pay $7.75 mln for allowing sham directory-assistance calls
By David Shepardson; Reuters ~ Aug 08, 2016

Health Insurers Are Now Playing Hardball With Regulators Over Obamacare
By Sean Williams; The Motley Fool ~ Aug 07, 2016

It's Time for Your Summer Financial Checkup
From Larry Light; Forbes ~ Aug 07, 2016

Commentary: Mandates hurting patients and doctors
By Arvind Cavale; The Philadelphia Inquirer ~ Aug 06, 2016

Health insurance for the young: A hard sell
By Lynn Arditi; Providence Journal ~ Aug 06, 2016

Seniors are getting locked out of Social Security ... because they don't text
By Katie Lobosco; CNNMoney ~ Aug 05, 2016

A New Medicare Charge Is Coming: Here’s How to Lessen the Blow
By Laura Saunders; The Wall Street Journal ~ Aug 05, 2016

ObamaCare Death Spiral Update
By Holman W. Jenkins, Jr. ; The Wall Street Journal ~ Aug 05, 2016

Right To Shop: The Next Big Thing In Health Care
By Josh Archambault & Nic Horton; Forbes ~ Aug 05, 2016

How lawyers scare people out of taking their meds
By Lisa A. Rickard ; The Washington Post ~ Aug 05, 2016

AlcaLu units a bright spot for Nokia … 5 things to know today
By Martha DeGrasse; RCR Wireless News ~ Aug 05, 2016

Lack of Pharmacy Access May Send Some Seniors Back to Hospital
By Robert Preidt; US News & World Report ~ Aug 04, 2016

PBGC has options to improve multiemployer funding — CBO report
By Hazel Bradford; Pensions & Investments ~ Aug 04, 2016

3 ways to more than double your retirement savings
By Henry K. Hebeler; MarketWatch ~ Aug 04, 2016

What If Retirees Don't Want To Run Out Of Money In 30 Years?
From Wade Pfau; Forbes ~ Aug 04, 2016

It's All 'Work, Work, Work' for Nokia's Boss
By Leila Abboud; Bloomberg ~ Aug 04, 2016

Nokia quarterly profit halves on weak network sales, merger distractions
By Jussi Rosendahl & Tuomas Forsell; Reuters ~ Aug 04, 2016

Nokia Makes Loss on Low Demand, Costs of Alcatel-Lucent Deal
By JARI TANNER, ASSOCIATED PRESS HELSINKI — Aug 4, 2016, 5:02 AM ET

Humana To Abandon Obamacare Patients In 1,200 U.S. Counties
From Bruce Japsen; Forbes ~ Aug 03, 2016

Retirement Savings Actually Fell Over the Past Year
By Lucinda Shen; Fortune ~ Aug 03, 2016

U.S. corporate pension funding inches up in July; still far off 2015 figures — 2 reports
By Meaghan Kilroy; Pensions & Investments ~ Aug 03, 2016

7 things you should know about cash
By Paul A. Merriman; MarketWatch ~ Aug 03, 2016

New insurance policy: Abandon ACA exchanges to avoid losses
By Tom Murphy; The Associated Press ~ Aug 02, 2016

Health co-ops sue Obama administration
By Paige Winfield Cunningham; Washington Examiner ~ Aug 02, 2016

CMS picks markets for primary care reforms
By Lauren Clason; The Hill ~ Aug 01, 2016

Timing Of Co-Op Failures Creates Extra Layer Of Problems To Already-Bedeviled System
From KHN Morning Briefing; Kaiser Health News ~ Aug 01, 2016

AT&T's Top Union Getting More Confrontational
By Aaron Pressman; Fortune ~ Aug 01, 2016

Turn Your Retirement Dreams Into Reality
By Chris Hogan ; GOBankingRates ~ Aug 01, 2016

Stop budget gimmicks! Take PBGC premiums off-budget
By Will Hansen; The Hill ~ Jul 30, 2016

Healthcare Spending Slowdown Disproportionately Affected Middle-Income, Poor
By Jackie Syrop; AJMC ~ Jul 30, 2016

Many Well-Known Hospitals Fail To Score High In Medicare Rankings
Health News from NRR - July 27, 2016

Get back to work! Working past 'retirement age' is beneficial
By Katy Read, Minneapolis Star Tribune – July 26, 2016

Senior surprise: Getting switched with little warning into Medicare Advantage
By Susan Jaffe, Washington Post – July 26, 2016

Obamacare's Co-Op Disaster: Only 7 Remain
By Sally Pipes, Forbes – July 25, 2016

Best Kept Secret In Washington DC: The Future Of Medicare
By John C. Goodman, Forbes – July 25, 2016

Medicare Proposes Fixed Payments for Treating Heart Attacks
By Louise Radnofsky and Melanie Evans, Wall Street Journal – July 25, 2016

Tech company to become largest employer at former Bell Labs site
By Alex Napoliello, NJ.Com – July 20, 2016

Opinion: ObamaCare and Big Insuranc
Wall Street Journal – July 24, 2016

AP Exclusive: Medicare safeguard overwhelmed by pricey drugs
By Associated Press – July 24, 2016

Will All 23 of Obamacare's Healthcare Cooperatives Fail?
By Sean Williams, Madison.com – July 23, 2013

Why There’s Not Likely To Be An Increase In Social Security Checks In 2017
By Diane Archer, Huffington Post – July 22, 2016

Editorial: As Democrats pander: Let's rescue Social Security before we expand it
Editorial Board, Chicago Tribune – July 22, 2016

Feds break up $1 billion Medicare scam in Miami — biggest in U.S. history
By Jay Weaver, Miami Herald – July 22, 2016

How Much Do You Really Need To Save For Retirement? You Be The Judge
By Andrew Biggs, Forbes – July 21, 2016

How Would Social Security Fare Under Trump or Clinton?
By Philip Moeller, Money – July 21, 2016

Ryan: Insurers say Obamacare failing faster than expected
By Paige Winfield Cunningham and Al Weaver, Washington Examiner – July 20, 2016

Delayed retirement is both a symptom and a cause of a troubled economy
By Michael Molinski, USA TODAY – July 20, 2016

Study: Medicare Beneficiaries May Face ‘Treatment Gap’ For Painkiller Abuse, Misuse
By Carmen Heredia Rodriguez, Kaiser Health News – July 20, 2016

Here’s Where Your Country Ranks on Retirement
By Suzanne Woolley, Bloomberg – July 19, 2016

GOP chair won't back Trump on negotiating Medicare drug prices
By Sarah Farris, The Hill – July 19, 2016

Turning Medicare Into a Premium Support System: Frequently Asked Questions
By Gretchen Jacobson and Tricia Neuman, Kaiser Family Foundation – July 19, 2016

Makers of Humira and Enbrel Using New Drug Patents to Delay Generic Versions
By Andrew Pollack, New York Times – July 15, 2016

Why 4% of Patients Consume 25% of Medicare Spending
By Eric Pianin, The Fiscal Times – July 15, 2016

Here's When Social Security and Medicare Will Officially Run Out of Spare Cash
Sean Williams, Motley Fool – July 17, 2016

Views on Rethinking How You Save for Retirement
By David Blanchett, Wall Street Journal – July 18, 2016

Calls for Social Security Expansion Grow Louder in Washington
By Mark Miller, New York Times – July 15, 2016

Donald Procknow Headed AT&T’s Ill-Fated Equipment-Making Arm
By James R. Hagerty, Wall Street Journal – July 15, 2016

The GOP Needs To Tackle The High Price Of Prescription Drugs
By Avik Roy, Forbes – July 13, 2016

Fraud concerns grow as spending on handmade ‘compounded’ drugs soars
By Julie Appleby, KHN; The Washington Post ~ Jul 17, 2016

It's Not That Social Security Will Run Out Of Cash - It's Whether Taxes Will Rise To Fund It
From Tim Worstall; Forbes ~ Jul 17, 2016

Panic prompted ObamaCare lawlessness
By Doug Badger; The Hill ~ Jul 15, 2016

Calling Cadillac Tax A Lemon, Congress Moves To Repeal Core Of Obamacare
From Robert W. Wood; Forbes ~ Jul 15, 2016

Despite Opioid Concerns, Seniors Often Exit The Hospital With Prescription: Study
By Michelle Andrews; Kaiser Health News ~ Jul 15, 2016

How My ObamaCare Coverage Is Almost Worse Than No Coverage
From Simon Constable; Forbes ~ Jul 14, 2016

Obama’s medical journal essay hints at insurer merger concerns
By Josh Kosman; New York Post ~ Jul 14, 2016

Drug Companies Really Don’t Care About the Price Hike Backlash
By Sy Mukherjee; Fortune ~ Jul 14, 2016

Drug prices still escalating and not stopping any time soon
By Dan Gorenstein; Marketplace ~ Jul 14, 2016

Illinois Moves to Shut Down Failing Health Insurance Co-Op
By Carla K. Johnson, AP; ABC News ~ Jul 13, 2016

Obama Administration Issues Misleading Report On ObamaCare Plan Deductibles
From Brian Blase; Forbes ~ Jul 12, 2016

CMS Counters Attacks That Health Law Insurance Costs Are Too High For Consumers
From KHN Morning Briefing; Kaiser Health News ~ Jul 13, 2016

Cost-sharing may cause patients to forgo, delay care, doctors say
By Stephen Feller; United Press International ~ Jul 13, 2016

Aging, Not Obamacare To Fuel Next Decade's Medical Spending
From Bruce Japsen; Forbes ~ Jul 13, 2016

Health Care Costs Set to Top $10k Per Person
By Kimberly Leonard; US News & World Report ~ Jul 13, 2016

Lawmakers: Smartphone health apps need to be smarter
By Christine Ayala; The Hill ~ Jul 13, 2016

Opinion: How saving too much can make your retirement less satisfying
By Chuck Jaffe; MarketWatch ~ Jul 13, 2016

The Death of the Middle Class Is Worse Than You Think
By Chris Matthews ; Fortune ~ Jul 13, 2016

Making Social Security fair for all
By Reps. Kevin Brady (R-Texas) & Richard Neal (D-Mass.); The Hill ~ Jul 13, 2016

Here's Why Nokia Is About To Get More Money Out Of Its Patents
By David Meyer; Fortune ~ Jul 13, 2016

Retirement Spending Plans Are as Important as Investment Growth
By Lance Roberts; Newsmax ~ Jul 12, 2016

Large Medicare Premium Increase Projected In 2017
By Diane Archer; The Huffington Post ~ Jul 12, 2016

New Mexico insurer poised to join others suing over ObamaCare payments
By Lauren Clason; The Hill ~ Jul 12, 2016

Heart Failure Patients Warned About The Dangers Of Mixing Prescriptions
By Carmen Heredia Rodriguez; Kaiser Health News ~ Jul 12, 2016

More Older Americans Cared for at Home
By Steven Reinberg; WebMD ~ Jul 12, 2016

Social Security Isn’t Just for Old Folks Anymore
By Ben Steverman

Obamacare 2.0: Obama calls for revisiting the public option
By Josh Lederman & Ricardo Alonso-Zaldivar; The Associated Press ~ Jul 11, 2016

Obama Declares ACA Success in JAMA, Calls for Taking Steps to Reduce Drug Costs
By Mary Caffrey; AJMC ~ Jul 11, 2016

Retirement Income Calculators: Not Much Better Than Counting On Your Fingers?
From John A. Turner; Forbes ~ Jul 11, 2016

Advocates hope shaming drugmakers discourages price spikes
By Jonathan J. Cooper; The Associated Press ~ Jul 10, 2016

GOP backs new fund for public health
By Sarah Ferris; The Hill ~ Jul 10, 2016

7 Things Your Doctor Wants You to Know
By Catherine Winters; Parade ~ Jul 08, 2016

For Effective Brain Fitness, Do More Than Play Simple Games
By Constance Gustke; The New York Times ~ Jul 08, 2016

3 Things Every American Needs to Know About Medicare
By Selena Maranjian; The Motley Fool ~ Jul 09, 2016

The story of the 'tax torpedo,' and how it hit the middle class
By Scott Burns ; The Dallas Morning News ~ Jul 09, 2016

How a 401(k) Works After Retirement
By Claire Boyte-White; Investopedia ~ Jul 08, 2016

Editorial: Americans after Obamacare
By Editorial Board; Chicago Tribune ~ Jul 08, 2016

Will we take action about Medicare improper payments?
By Kristin Walter; The Hill ~ Jul 08, 2016

Oregon ObamaCare co-op latest failure in troubled program
By Peter Sullivan; The Hill ~ Jul 08, 2016

Cramer: Why bonds could be bad for retirement
By Abigail Stevenson; CNBC ~ Jul 08, 2016

Americans Are Skipping Obamacare So They Can Smoke
By Sy Mukherjee; Fortune ~ Jul 07, 2016

Does The 4% Rule Work In Today's Markets?
From Wade Pfau; Forbes ~ Jul 07, 2016

Medicare Advantage grows, but provider choice is limited
By Mark Miller; Reuters ~ Jul 07, 2016

How to Choose Between a 401(k) and a Roth
By William Reichenstein; The Wall Street Journal ~ Jul 07, 2016

Study: Insurers' spending on costly meds soared from 2003-14
By Linda A. Johnson; The Associated Press ~ Jul 06, 2016

Study: Brand-Name Drugs’ High Copays Soak Medicare Part D Patients
By Rachel Bluth; Kaiser Health News ~ Jul 06, 2016

Scientists figured out how to regenerate teeth and eliminate root canals
By Chris Smith; Fox News ~ Jul 06, 2016

Obamacare insured an extra 16 million, but its tax paperwork is a nightmare
By Eva Rosenberg; MarketWatch ~ Jul 06, 2016

Another ObamaCare co-op winding down
By Peter Sullivan; The Hill ~ Jul 05, 2016

Young Adults Can Face Challenges To Health Enrollment
By Michelle Andrews; Kaiser Health News ~ Jul 05, 2016

Separating Social Security truth from fantasy
By David Barnes; The Hill ~ Jul 05, 2016

Selling bonds may help U.S. pensions: Bank of America Merrill Lynch
By Richard Leong; Reuters ~ Jul 05, 2016

Feds Call in the SWAT Teams on Rogue Docs
By Peter Waldman; Bloomberg ~ Jul 01, 2016

A Prescription-Free Way to Affordable Health
By Devon Herrick; Newsweek ~ Jul 03, 2016

Brand-Name Drug Makers Wary of Letting Generic Rival Join Their Club
By Robert Pear; The New York Times ~ Jul 01, 2016

How to Get the Best Care From the Hospital Nursing Staff
By Laura Landro; The Wall Street Journal ~ Jul 04, 2016

Need to appeal your Medicare claim? Get in line
By Walecia Konrad ; CBS News ~ Jul 01, 2016

Opinion: How investors can avoid impulse purchases
By Chuck Jaffe; MarketWatch ~ Jul 04, 2016

Social Security chief: ‘Retirement crisis’ already here
From New York Times; Watertown Daily Times ~ Jul 03, 2016

Retirement is making people more miserable than ever before
By Catey Hill; MarketWatch ~ Jul 02, 2016

Catastrophic Insurance Could Help With Long-Term Care Expenses: Studies
By Michelle Andrews; Kaiser Health News ~ Jul 01, 2016

Pulling The Plug On ObamaCare's Life Support
By Sally C. Pipes; Investor’s Business Daily ~ Jul 01, 2016

Obamacare-Causing Insurers To Beg For Bailouts
By Juliegrace Brufke; The Daily Caller ~ Jul 01, 2016

LOCAL RETIREE ORGANIZATIONS

(If you are affiliated with a local Lucent retiree group, let us know we'll post your next event.)

WECO SAGE is a group formed by computer pioneers who worked for Western Electric Company in the 1950s and 1960s installing an Air Defense System for the United States Air Force. The members of this Group have maintained their personal, and in some cases professional, relationships for over 50 years. The Group, whose members once numbered in the hundreds, meet on an annual basis at different locations throughout the country.The 2015 reunion was held in Pacific Grove, California on the Monterey Peninsula on the 13th-15th of September. Contact Ron Trettau.


Club WECO-AT&T-Bell Labs-Lucent Technologies-Teletype-NCR-ALU. This group is intended primarily as a forum to connect (network) and maintain communication between past and/or current members. Contact Jim Simak.


eX TELETYPE is for ex-Teletype Employees to keep in touch. Teletype Corp. was located in Skokie, IL and Little Rock, AK. The Spring gathering of Teletype and Lucent people and friends was held on Tuesday May 10. Mark your calendars..the November 2016 TTY Riggio's get together will be held on the 3rd Tuesday (November 15th.) due to the National Election. ..Contact John Furno.


lucent5-5 is for Lucent retirees who took the special 5+5 voluntary retirement on July 13, 2001 (or wish they could have!). Its purpose is to keep in touch, to help provide support for working with the Lucent Pension folks, and to talk about Lucent in general. To subscribe, send an email to lucent5-5-subcribe@yahoogroups.com.


PCLUCENTALUM This group was set up to facilitate communication among ex-Lucent employees in Northern California. Send email to pclucentalum@yahoogroups.com