After reading about the Ripple of Hope award that was recently presented to Antonio Neri, HPE CEO, I was heartsick and am compelled to write to you. Please let me explain why the announcement of the award has such meaning for me.
I met your father, Robert F Kennedy, on 16 October 1965 just after my 14th birthday. Here is a picture of his autograph which I kept since that date. Your father asked my name and since I too am a Kennedy, we had a lovely little chat about how many children were in my family and my plans for my future. On other occasions, I also was fortunate to meet your uncles, John and Edward.
I was young in the 60s and it was time of hope for positive change along many dimensions from racial equality to the exploration of space. RFK and JFK were the inspiring voices of that era. Their voices, and those of the Church, shaped the aim of my life to make a positive difference in the world.
Now I am a pensioner without pension protection in the UK. I am the co-chair of the HPPA (Hewlett Packard Pensioners Association) who for more than a decade have been trying to influence HPE to provide indexation for their Pre 1997 pensioners. Pension indexation did not become required until 1997. Most UK companies with Defined Benefits pensions give annual increases to Pre 1997 pensioners. HPE does not. HPE rebuffs pleas by stating that their actions meet legal requirements and dispute our comments about their ethics.
There are 5000 pensioners who have lost most of the value of their pension as over the past 22 years while HPE has given only 3 discretionary increases (1%, 1%, 3%) to help their Pre 1997 pensioners cope with inflation.
HPPA wrote to Antonio Neri in January 2022 to appeal to him directly to intervene. Questions were submitted from UK pensioners/shareholders to the 2024 Annual Shareholders Meeting. We communicate through the Trustee as the required channel. However, the situation remains unchanged while other companies like IBM have collaborated with pensioners to find a solution.
Perhaps, now that you have met Mr Neri, would you share my letter with him and create a “ripple of hope” for us? He does not seem to accept our mail.
General Press Articles In Depth: The battle for pre-1997 indexation [updated] | In Depth | Pensions Expert AMNT urges trustees to support reform of ‘unfair’
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With all of the current activity, the campaign team are very busy. Will you help? Whatever your particular skills are e.g. administration, data base management,
