12/31/2002: Editorial: Cash Balance Plan Conversions Short Older Workers (The Sacramento Bee)Excerpt: "Imagine you are a 56-year-old worker. You've put in 20 years at Widgets Inc., forsaking other jobs because you trusted in the company's promise to pay you a decent pension at age 65 based on your long, loyal service to the firm. And then the company announces it is changing your pension plan in a way that will reduce the pension you receive at retirement by 30 percent or more."
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