Word from Gonzo on unemployment benefits...

Hey Bill,

Just a note on some stuff I called on......

Retirement--Benni's are figured from the effective date of the contract and would also be retro'ed to those who might retire before the contract is settled.  They would get set up then get retro payment from DRS for the Benni's missed.  This from a phone call to DRS.  Maybe you could get one of your folks to call them and get something in writing or if you would like I could do it next week.
 
Deferred Comp $$$$--I called Aetna and talked with Steve Gray and asked about the money in the 457 for those laid off.  He said they have full access to the account once they are not working and they can take it out several months later or not at all.  The big thing is there are NO penalties.  You just have to pay regular taxes on the money.  So even though there may not be very much there, it's something.

Hope it helps

Gonzo

.....It does. Thanks very much Gonzo!