Tag: 401(k) plans|IRAs|Lump sum|Pension freeze|Traditional (defined benefit) pensions
White-collar wars: Detroit Three’s battle over traditional pensions
A “war” is escalating in the automotive industry. And it is not a battle between the blue- and white-collar workers, nor will it be fought in the factories. It is a quiet financial struggle for white-collar retirees, former workers and employees regarding their pensions.
