Skip to main content

NIPSCO can't afford cake

This year the Northern Indiana Public Service Company (NIPSCO) will be celebrating its 100-year anniversary with a party. The company has determined that NIPSCO union retirees (you know, the people who built the company) will not be invited as it would be cost prohibitive to invite retirees to any kind of celebration. The company will be distributing booklets with information and photos of its 110 year existence but if a retiree wants a copy of it they will have to buy it from the publisher of the book.

This should be no surprise to any NIPSCO retiree as this company has shown a lack of any  sensitivity and a total disregard of the needs of its retirees.

On April 6, the Northwest Indiana Times reported that Company directors in 2011 handed NIPSCO chief Jimmy Staton a discretionary bonus of $150,000 for "superior performance."

NiSource CEO Robert Skaggs Jr. (NiSource is the parent company of NIPSCO) received total compensation of $4.98 million in 2011.

Part of Skaggs' package consisted of a $501,000 discretionary bonus awarded by the same directors' committee that handed out Staton's.

No wonder that NIPSCO can’t afford to invite the people who built the company to any type celebration commemorating the past 100 years.

Have you checked the price of cake lately?

Comments

Anonymous said…
Doesnt surprise me. They are trying to take my collected years of service from the actual 25 years down to 24 years to shave a couple bucks off my retirement benes. I went thru proper proceedures and filed my dispute back in early May but they seem to think "hide and it will go away" is the proper response. So on to the Pa. Labor Law Compliance Department.

Popular posts from this blog

Steelworkers Organization of Active Retirees (SOAR)

Trump To Cut Social Security

Trump’s Promise Not to Cut Social Security has been Broken by Robert Roach, Jr. President Trump’s fiscal 2018 budget is a non-starter. He has betrayed America’s seniors. In fact, $2 trillion in deficit reduction turns out to be just a math error. The budget cuts $72 billion over ten years from disability programs, including Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Trump promised repeatedly to protect – not cut – Social Security. Yet his first budget does just that, harming millions of disabled Americans.  The Trump budget also slashes $1.4 trillion from Medicaid over 10 years. According to the Centers for Medicare & Medicaid Services (CMS), total Medicaid spending was $368 billion in 2016. Almost two-thirds of that was for seniors and people with disabilities, who rely on Medicaid for health care and long-term care. This cut is drastic and dangerous by any measurement. This budget also decimates the Community Development Block Grant, which pro…

The Ship of Fear

My Destroyer, the U.S.S. Walker, was tied up in Pearl Harbor.

The Newspaper headlines for several days along with lengthy articles told of a merchant ship, "the Pomona" that was tied up in Honolulu waiting for crew to take it to the far east. The Captain had been murdered while at sea and the crew was afraid that the murderer was still aboard. The ship finally got underway again and my memory is that it had rudder problems and had to return to port. Then, after getting underway again it had a fire on board and had to return again.

While on liberty one day in Honolulu, I stopped in at a saloon on my way back to my ship. There, I met a merchant sailor who happened to be a sailor aboard the Pomona. He offered to take me back to the ship and let me come aboard her. We did and headed for the bow of the ship where there was a lot of noise. There sitting on the deck were a number of sailors, mostly drunken, talking about their predicament.

This occurred sometime between 1961 and…