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These actions include the following: Retirement Plan Changes - The Company will be making changes to its retirement plans in order to better plan and manage related expenses, which can have a significant and variable impact on earnings.
The freeze of the defined benefit pension plan for salaried and non-union hourly employees was approved by the board of directors on May 3, Further, effective June 30,Company contributions under the k retirement plan for salaried and non-union hourly employees will increase.
In addition, the Company will begin to make matching contributions to the k retirement plan for union employees beginning in January The benefits will begin to accrue in the third quarter of with the full benefit to be realized starting in the first quarter of These initiatives however, will result in the recognition of special charges during the balance of the year as changes are implemented.
These announced actions will allow us to accelerate our profit improvement and continue to make investments in strategic initiatives that we believe will lead to enhanced sales, marketing, manufacturing and technology innovation capabilities that will drive the growth and profitability that we desire.
ROG is a global technology leader in specialty materials and components that enable high performance and reliability of consumer electronics, power electronics, mass transit, clean technology, and telecommunications infrastructure. With more than years of materials science and process engineering knowledge, Rogers provides product designers with solutions to their most demanding challenges.
For more information, visit www. Such factors could cause actual results to differ materially from those in the forward looking statements. All information in this press release is as of May 14, and Rogers undertakes no duty to update this information unless required by law.We're a proud Canadian company started by Ted Rogers.
We provide innovative communications services over a blazing fast network you can trust. The service is available to small business users on a per-number basis for the same price.
Fido will be launching an identical service — Fido Wireless Home Phone — . In today’s ever-changing business world, you expect services that adapt to your business needs.
Our wireless services and solutions work for you, with flexible plans built to meet your changing requirements, roaming options worldwide and Rogers Unison TM so you’ll never miss an important customer call.
Plus our Small Business Centres and Small Business Specialists keep you supported and. Last month, we told you that Rogers would be launching its Share Plans on August 9th, and sure as the days are long the provider kept to its word.
The plans appear to be very similar to what are being offered by TELUS and Bell, who went live last month and this week respectively, asking for a base price including data for the first customer, with an additional $55 for each additional smartphone.
BUSINESS. 08/09/ EDT Rogers is making the upgrade to the new modem mandatory when switching plans. Rogers told HuffPost Canada the new modems are necessary to .
Jan 24, · [Rogers] Rogers Wireless Retention Plans. Ongoing Deal Discussion [Rogers] Rogers Wireless Retention Plans. Both were on my corporate $55/month 5GB plans. We upgraded Dec to this plan and our devices iPhone 6.
I was successful in getting the 10GB plan. Called the BSS line and a rep switched both lines within minutes. They are still.