perspectives

Archive for the ‘Pension Activism’ Category

A victory for workers and retirees

Posted Thursday, April 1st, 2010 by Kyle Garrett

In December 2009, Visteon Corp. announced that it was going to terminate its pension plans, which cover some 21,000 workers and retirees, as part of the company’s overall bankruptcy and reorganization effort.  (more…)

Posted in Bankruptcy, PBGC, Pension Activism, Traditional Pensions | Post Comment »

Workers and Retirees Lose Pensions - and Take Action!

Posted Thursday, January 21st, 2010 by Joellen Leavelle

On New Year’s Eve, current and retired employees of Augsburg Fortress, the publishing arm of the Evangelical Lutheran Church in America, learned that their traditional defined benefit pension plan would be terminated and that they could lose a substantial portion of their benefits as a result of the termination.  (more…)

Posted in ERISA, Future Retirement Security, Pension Activism, Traditional Pensions | 3 Comments »