account...for employer-sponsored company pension schemes ... At best, the reforms are ambivalent.
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CORPORATE PENSION CRISIS
The U.S. is going through a corporate pension crisis. Of the roughly $2.3 billion in U.S. corporate pension plans, roughly $500 billion sits in so-called frozen pensions that cap their benefits and or no longer accept new employees or contributions. And amid the market rout, pension funds are increasingly running huge deficits that will require companies to dip into their profits to make up that funding gap. Companies are searching for creative solutions to those problems.
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"Top executives at four companies that jettisoned their employee pension plans received $49.5 million in...
Sharyl Attkisson reports that taxpayers have been responsible for worker pensions at some of the same firms where...
The report says executives at those four companies and six others that abandoned their pension plans took...
Excerpt: "Top executives at four companies that jettisoned their employee pension plans received $49.
...global economy, downsizing, corporate ... regulates 400 defined-benefit pension plans, reported ... banking crisis.
Pensions at risk The Gazette (Montreal) Rollbacks of defined-benefit pensions (which are supposed to provide steady...
The review also found 98 per cent of DC pension schemes offered the open market option (OMO) where people are...
Employee confidence in workplace pensions is recovering, according to research by The National Association of Pension...
Pension consultants have warned that employees may be choosing the wrong funds in their companies' pension schemes,...
Source: UNITE...
By Genevieve Cua Concern over the adequacy of their employees' retirement savings is driving a number of employers here...
(SINGAPORE) Concern over the adequacy of their employees' retirement savings is driving a number of employers here to...
The newspaper industry is confronting what the auto industry and others have come to learn – allowing your pension...
Pension provision in much of the private sector has reached a 'tipping point', where it has become unfair to offer...
...thing is that Fujitsu plans to close over 4,000 workers salary pension ... At the same time, the company has also...
of us have been wondering how viable the Voluntary Employee Benefit Arrangements (VEBAs) set up by the United Auto...
The collapse of Heller Ehrman is like the Energizer Bunny. The legal issues it raises just keep on going and going and...
...by: gigapedia-bot...
The funded status of the average U.S. corporate pension plan increased by only 0.1 percentage point to 79.
...years, since any politician who was entitled to a pension gets to keep...
Top Sources: Corporate Pension Crisis
- ftalphaville.ft.com
- This is Money | Pensions
- IAM News Latest Updates
- Kansas City Star: Business
- News from People Management
- Retirement Radar
- The Green Bay Press-Gazette Latest Headlines
- This is Money | News
- Yahoo! Finance: Auto Manufacturers - Major Industry News
- AARP Bulletin Today
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