The Communications Workers of America Nov. 18 asked a federal judge for a temporary restraining order to halt Alcatel-Lucent from shifting funding from a union-run pension plan to pay obligations to other company pension plans (Communications Workers v. Alcatel-Lucent USA Inc., D.N.J., complaint 11/18/15).
The motion, filed in the U.S. District Court for the District of New Jersey, alleges the French-based telecommunications company moved 20,000 retirees— many of whom were represented by the CWA and the International Brotherhood of Electrical Workers—and an additional $1.2 billion from the Lucent Technologies Pension Plan (LTPP) into other company pension plans.
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