R.I.P Pensions
Once GM and Chrysler finally die, there will be no more pension plans left in the entire country (except for former presidents and members of congress). Sorry!
Publisher Poops On Pensions
The bad news: Random House has frozen its pensions for current employees and eliminated pensions for new employees. The good news: Nobody else has pensions either! [NYT]
Intel executives inside company's pension fund
Intel is one of several companies which have quietly converted their pension plans into vehicles for financing wealthy execs' deferred compensation. The majority of the tax-advantaged assets in Intel's pension plan are now dedicated not to providing pensions for the rank and file, but to paying IOUs issued to theā¦
