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Court: IBM cash-balance pension is okay

08/07/2006 | CNN Money.com

In a victory for IBM, an appeals court on Monday ruled that IBM's conversion of its traditional pension plan to a cash-balance plan did not discriminate against older workers.

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Change to boost 401(k)s, put brakes on pensions

08/07/2006 | Dallas Morning News

Congress' pension reform bill will spark more savings in 401(k) plans but hasten the death of traditional pension plans, experts said Friday.

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Reaction mixed to pension reform

08/05/2006 | The Republican

The pension reform bill that recently passed the House and Senate won praise yesterday from the Massachusetts Mutual Life Insurance Co., based in Springfield, Mass., but protests from the chief executive officer of the city's Teamsters union.

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What's At Stake In The New Pension Bill

08/04/2006 | Nightly Business Report

Early this morning, the Senate passed a plan to shore up the Pension Benefit Guaranty Corporation and ensure better funding for the defined benefit plans that cover 44 million Americans.

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Freeze To Get Deeper

08/01/2006 | HR Magazine

More plan sponsors will freeze their defined benefit plans in the next few years, retirement experts predict, continuing a 20-year shift toward defined contribution plans as the favored vehicle for employee retirement saving.

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Pension bill under fire from Teamsters

07/31/2006 | The Republican

Tucked inside the 900-page bill is a brief amendment that Springfield-area Teamsters say threatens their pensions by allowing labor and management to reopen agreed benefit packages in ways that could cut benefits.

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Senate considers pension overhaul

07/31/2006 | Marketplace Radio

Many companies have been underfunding their pension plans, so this week the Senate's expected to vote on the first pension overhaul in three decades. Host Scott Jagow talks to Karen Friedman with the Pension Rights Center about the proposed bill.

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Today's Tip (scroll to bottom)

07/25/2006 | Providence Journal

In time for its 30th anniversary, the Pension Rights Center has launched a newly designed Web site.

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Know Where Your Pension Is?

07/02/2006 | Kiplinger's

Advice column provides answers to a person with a lost pension plan

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Even healthy companies are killing pension plans

06/18/2006 | Virginian-Pilot
For years, it was struggling companies in the steel, airline and auto-parts industries that scaled back or dumped their defined benefit pension plans. Today, a growing roster of large, financially healthy companies have frozen their pension plans or sharply reduced employees’ eligibility for the plans as a way to hold down labor costs. More...
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