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DuPont Reduces Defined Pension Plan Benefits, Expects Future Earnings Improvement
CFO Link to more items from this source
Sept. 1, 2006
Excerpt: The changes are part of DuPont's strategy of shifting retirement benefits away from the defined-benefit pension plan and toward a 401(k) plan. The changes are 'consistent with market trends in employee benefits and will enhance the company's business competitiveness,' remarked James Borel, DuPont's senior vice president of human resources, in a statement.

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