Subject: HEALTH & WELFARE BENEFITS
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked]
Date: Tue, 29 May 2001 20:03:00 -0700 (PDT)

Peggy:

Considering where we are in the divestiture process, I don't think it is the right time to have PGE contract for and administer the Health and Welfare Benefits noted in your memo dated 04/20/01.  In addition, it is likely that a potential buyer would want PGE to come under its own Health and Welfare Benefits.  Switching now could entail having PGE employees being under three Plans in a relatively short period of time.

Stan