Excerpt: [To mitigate the effects of capping the earned benefit of the defined benefit pension plan] to the U.S. employee population, we took a big portion of our savings and enhanced our contribution to the 401(k). We literally doubled our match in the 401(k) program, which in today's workforce is probably more meaningful. That's because, unlike for our forefathers, in today's world it's unlikely that the younger employees will spend their length of service with any one company. The workforce is much more mobile, company-to-company, and the 401(k) program is more meaningful because they can take their contributions with them.  MORE >>