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Editorial: Fake Retirement Security
The Washington Post; subscription may be required Link to more items from this source
[Opinion]
Jan. 19, 2006
Excerpt: [A]lthough it's true that companies are dropping defined-benefit plans, and that even more may do so if they are told they can no longer fudge the numbers, this is not a reason to allow the fudging to continue. It makes no sense to extol the reliability of traditional pensions at one moment, then to propose legislation that makes them unreliable in the next. Yet that is what a recent letter circulated by a group of lobbyists styling themselves the Pension Coalition does:[.]

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