International Business Machines (IBM USA): IBM must REVERSE the decision changing the IBM match 401(k) contribution.
  • Petitioned Randy MacDonald, International Business Machines (IBM USA)

This petition was delivered to:

IBM Human Resources Director and Executive VP
Randy MacDonald, International Business Machines (IBM USA)

International Business Machines (IBM USA): IBM must REVERSE the decision changing the IBM match 401(k) contribution.

    1. Petition by

      Alliance@IBM CWA Local 1701

IBM must REVERSE their recent decision to change the timing of the IBM match and automatic contribution for our 401(k) Plus Plan and Excess 401(k) Plus Plan.
We, the petitioners want IBM to keep the automatic contribution at semi-monthly and NOT an annual contribution.
IBM, by moving the automatic contribution from semi-monthly to an annual contribution effectively denies employees who are terminated in resource actions up to the cut off of December 15 of the given year, the matching contribution from IBM. Furthermore, the movement of the automatic contribution to the end of the year denies interest generated for the employees 401(K) account. Sign this petition to tell IBM to REVERSE this decision, immediately! And if you are an active IBM employee, please Join Alliance@IBM CWA Local 1701.
Click here to join:
https://afl.salsalabs.com/o/4004/donate_page/alliance-join

Web site: http://www.allianceibm.org
Twitter ID: @Allianceibm
Facebook: Allianceibm Cwa

Recent signatures

    News

    1. Reached 1,000 signatures

    Supporters

    Reasons for signing

    • Robert Weber ROSWELL, GA
      • over 1 year ago

      Continuing demoralizing actions by management to save a few $$$

      REPORT THIS COMMENT:
    • Chris Hill ERIE, CO
      • over 1 year ago

      To keep what little benefits we have and be able to save to retirement.

      REPORT THIS COMMENT:
    • mike bakalar RALEIGH, NC
      • over 1 year ago

      With all the profits,the company doesn't need to be be this cheap.

      REPORT THIS COMMENT:
    • Amanda Jennings GREENVILLE, SC
      • over 1 year ago

      Because I work for IBM and contribute to this plan.

      REPORT THIS COMMENT:
    • louise hague BROWNSDALE, MN
      • over 1 year ago

      we lose all the interest for the year

      REPORT THIS COMMENT:

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