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Pension plans, once inviolable promises to employees, are getting cut

Pension plans, once inviolable promises to employees, are getting cut
Outlet: 
Washington Post
Date Published: 
Monday, February 9, 2015

The stock market has soared more than 75 percent in the past five years, yet many pension funds, where many middle-class workers should benefit from the market’s rise, continue to struggle, jeopardizing benefits for the workers who were counting on them in retirement.

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