Featured Jobs
|
Compass
|
|
Relationship Manager for Defined Contributions 2 Daybright Financial
|
|
Frank Pension Consultants, Ltd.
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
PPS Pension Services
|
|
Compass
|
|
Relationship Manager for Defined Benefits Daybright Financial
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
The Retirement You Weren't Banking on May Be the One You Get
The Washington Post; subscription may be required 
May 16, 2005
Excerpt: Even if you don't work for an airline, last week's ruling by federal bankruptcy judge Eugene Wedoff -- permitting United Airlines to default on its pension plans, which cover more than 130,000 people -- should send shivers up your spine. .... While reducing the maximum United pension benefit from more than $100,000 a year to around $46,000 may not seem like a social disaster, the court's action may well mark the beginning of the end of the system of retirement planning as we know it.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |