Orange County Employees Retirement System
Wespath Benefits and Investments
Abacus Retirement Solutions, LLC
The Retirement Plan Company
Carpenter Morse Group Inc.
Nicholas Pension Consultants
Tycor Benefit Administrators, Inc.
Retirement Learning Center
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Pension Plans' Funding Shortfall Exposes Need for More Retirement Options|
The Boston Globe
June 27, 2005
Excerpt: Karen Friedman, policy director for the Pension Rights Center in Washington, said US workers and retirees shouldn't panic. Most retirement plans are healthy, and the fact that a firm might have an underfunded plan does not mean that it is in trouble. 'If the plan is underfunded and your industry is in trouble, then it is more likely that the plan will be terminated,' she said. 'However, if the economy goes up and interest rates pick up, your plan could be better off in the future.'
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|