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The End of a Dream: Defined Benefit Plans Disappearing
Fortune via CNNMoney.com Link to more items from this source
June 22, 2006
Excerpt: Today's low long-term interest rates, combined with a stock market that's no higher than it was six years ago, have made traditional defined-benefit plans a crushing financial burden to many firms-- just as they're feeling the heat from foreign businesses that don't have plans. In addition, research shows that young employees increasingly don't care about traditional pensions ... And a raft of coming regulatory changes will make those plans even more burdensome to employers.

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