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12/10/2004: Many Employers Doing Away with Traditional Pension Plans (National Public Radio [NPR])
Excerpt: A 401K savings plan isn't your father's retirement plan, but it is the choice of more and more corporations trying to stabilize the bottom line. NPR's Inskeep talks with Dallas Salisbury, President and CEO of the Employee Benefit Research Institute, about IBM's decision to jettison traditional pensions -- and why the move represents the future of retirement options.
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