IBM to Freeze $48B Pension Plan in 2008

Discussion in 'Economy' started by KarlMarx, Jan 5, 2006.

  1. KarlMarx
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    KarlMarx Senior Member

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    http://news.yahoo.com/s/ap/20060105/ap_on_bi_ge/ibm_pensions

    This is the wave of future.... as of this year, Lockheed does not provide pensions for anyone hired after January 1st, either....

    Privitizing Social Security wasn't so radical after all....
     
  2. Abbey Normal
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    Abbey Normal Senior Member

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    My husband's company is doing the same. (it's a Fortune 250 company)
     

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