[Opinion]

1/30/2006: It's Just a Matter of Time Till Your Company Drops Its Defined-Benefit Retirement Plan (Slate)

Excerpt: Until recently, the cram-down -- the process in which a company walks away from pension and benefit promises -- had generally been confined to failed companies like Delphi. Struggling companies frequently terminate their pension plans and push the liabilities onto the Pension Benefit Guaranty Corp.