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Will Proposed Pension Reforms Save the System, or Cause More of Corporate America to Opt Out?
CFO Link to more items from this source
Sept. 1, 2005
Excerpt: It is 2005 and the pension system is in crisis -- again. Just as in the mid-1990s, Congress and columnists are warning of the imminent demise of the defined-benefit retirement plan. And again, thanks are due to the failure of a few companies -- mostly in the airline industry -- to meet their obligations. Back then it was TWA. Today, United Air Lines leads the roster of bad apples. But this time, the government seems determined to step in, and a revolution in how companies calculate[.]

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