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Anheuser-Busch to Cut Lump-Sum Payouts
Workforce Management 
July 2, 2008 Excerpt: Anheuser-Busch Cos. will change the way it calculates lump-sum pension payouts that will mean a reduction in payouts of about 5 percent to 6 percent in 2009 and about 15 percent by 2012, according to an internal memo addressed to salaried employees from Tim Farrell, vice president of corporate human resources. The change will affect only salaried employees. MORE >> |
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