Relevant:
- Wells Fargo freezes traditional pension plan
- Credit crisis forces British firms to close costly pension schemes
- Pension Plan Shocker Dead Ahead!
- QE Adverse Side Effect #1: Corporate Pension Underfunding Hits Record $460 Billion Deficit, A $108 Billion Deterioration IN ONE MONTH
- 6 New Governors Seek to Kill Defined Benefit Plans; 8 of 9 CA Cities Vote to Reduce Benefits; Fraudulent Promises (and what to do about them)
2012-09-13 — huffingtonpost.com
In facing a pension freeze, the NFL refs have plenty of company. Corporations across the country have been trying to switch their employees from traditional defined benefit pension plans to cheaper, less reliable defined contribution plans. Just one example is Con-Ed, which recently locked out workers as it tried to phase out employees' traditional pensions and move them to 401(k)s.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.