Tag: 401(k) match|401(k) plans|Congress|Lump sum|PBGC|Pension Rights Center|Plan termination|Traditional (defined benefit) pensions
“De-Risking” Pensions Could be Risky to Pensioners
WASHINGTON — In the wake of moves by several large companies to “de-risk” their traditional pension plans, the Pension Rights Center is calling for a moratorium on such actions until Congress can look into the risks posed by these strategies to workers and retirees. Just yesterday, Verizon joined GM in announcing that it is transferring […]
