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The Rush to Shut Down Pensions
BusinessWeek Online Link to more items from this source
Jan. 9, 2006
Excerpt: Employee activists are outraged. 'It's difficult to understand how they're doing this in the context of wanting to be a world-class employer. You see companies of this stature, Verizon, IBM, seemingly in concert, in a race to the bottom for the defined-benefit system,' says John Hotz, deputy director of the Pension Rights Center, a Washington consumer organization focused on retirement rights.

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