Newspaper article The Florida Times Union

Former Ivey's Employees Owed Pension Benefits

Newspaper article The Florida Times Union

Former Ivey's Employees Owed Pension Benefits

Article excerpt

Byline: Moshay Simpson, Times-Union business writer

You could be in for a big payday if you worked for JB Ivey & Co.'s department store.

A group out of Dallas is searching for old employees or their surviving relatives to see if they are eligible for benefits resulting from a 1996 settlement with the Pension Guaranty Corp. that involved roughly 12,000 pension plans that were terminated between 1976 and 1980. Former workers that have been tracked down are receiving average payments of $11,000.

To be eligible for the settlement, you had to have participated in the store's pension plan, worked there for more than five years and one of those years must include 1976. The department store chain disappeared from the city after it was bought by Dillard's for $110 million more than a decade ago.

TACO BELL RINGS IN DONATIONS

Local Taco Bell restaurants are partnering with the Boys & Girls Clubs Northeast Florida to sponsor "Bells for Kids," a fundraiser to benefit the club.

More than 20 local restaurants will be selling paper bells that will be displayed at the restaurants for donation of $1 or more. All of the money benefits local Boys & Girls Clubs.

The fundraiser also included two charity carwashes, the second of which was scheduled for this past Saturday at a Taco Bell location in Jacksonville Beach. This is the first citywide fundraiser by Taco Bell, but the restaurant has been supporting the Boys & Girls Club with in-store canisters and meeting space.

For more information, call 346-0030.

GOLF TOUR OPERATORS LIKE REESE'S GAME

The International Association of Golf Tour Operators recently elected David Reese, Florida First Coast of Golf's executive director, to its board of directors. The London-based association is the trade group for the global golf tourism industry. …

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