Don’t Let Companies Slash Pension Payments

Outlet:

Bloomberg

Date Published:

Sunday, March 11, 2012

There is something about pensions that makes their sponsors just want to say no. For months we have been reading about cities and states failing to pay what is due into employee pension funds. Now corporate America is getting into the act.

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Tags: Bankruptcy, Congress, Funding relief, Legislation, PBGC, PBGC limits/ guarantees, Pension freeze, Pension Protection Act of 2006, Plan termination, Public pension plans, Tax expenditures, Traditional (defined benefit) pensions, Underfunding

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