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'We Regret to Inform You that You No Longer Have a Pension'
Cypen & Cypen 
Nov. 14, 2005 Excerpt: If you think the two Time reports were scary ..., you must read the October 30, 2005 cover story in the New York Times Magazine, entitled 'We Regret to Inform You That You No Longer Have a Pension.' Subtitled 'America's next financial debacle,' the article recounts how corporations were happy to offer rich retirement plans to their workers as long as accounting tricks and federal insurance made it easy to delay the day of reckoning. But now the game is up. MORE >> |
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