Cash balance pensions aren't likely to sell themselves to workers.

Crain's Detroit Business;  March 27, 2000 ;     591 words ......of Birmingham contemplated a cash balance plan and some bargaining units were...uldn't agree to a contract with a cash balance plan, so the idea is on hold. The...defined benefit pension and a cash balance plan is in how the pension is computed...

CASH BALANCE HELD IN LIMBO RULING CLOUDS FUTURE OF RETIREMENT PLAN

The Boston Globe;  September 2, 2003 ;     700+ words ......sued the company saying its cash balance plan short-changed older workers...defined-benefit plan or the new cash balance plan - to employees 55 years or...equity plan, a variation on a cash balance plan. Allmerica Financial, a Worcester...

CASH BALANCE MOVE DRAWS CONGRESS' FIRE.(Statistical Data Included)

Business Insurance;  September 27, 1999 ;     700+ words ......traditional pension plan to a cash balance plan, it was the biggest employer...employees, who said the new cash balance plan would cut the benefits they...any new benefits under the cash balance plan. ``It is unfair that employees...

Lawmakers consider changes to cash balance plan regulations.(News)

Business Insurance;  April 14, 2003 ;     360 words ......GEISEL WASHINGTON-A flurry of cash balance plan legislative activity took place...existing pension plan and a new cash balance plan. * Hearings by the Treasury...Department to withdraw the cash balance plan regulations. At the IRS/Treasury...

IBM UPROAR MOVES CONGRESS TO ACT ON CASH BALANCE PLANS.

Crain's Cleveland Business;  October 4, 1999 ;     700+ words ......traditional pension plan to a cash balance plan, it was the biggest employer...employees, who said the new cash balance plan would cut the benefits they...from a traditional plan to a cash balance plan later leave a company without...

New EBRI Backgrounder: Cash Balance Pros & Cons Outlined.

PR Newswire;  June 24, 1999 ;     700+ words ......ebri.org at EBRI Online. A cash balance plan is a hybrid type of pension...to the account). Legally, a cash balance plan is a defined benefit plan...Security Act of 1974 (ERISA). A cash balance plan offers some of the popular...

CBS OFFERING CASH BALANCE: STOCK OPTIONS ALSO OFFERED NOW.

Business Insurance;  April 5, 1999 ;     640 words ......employees a new stock option and a cash balance plan while retaining its traditional...will switch next year to a cash balance plan. CBS benefit executives say...At the same time, the new cash balance plan will provide CBS employees...

Telcordia's cash balance plan takes lessons from previous conversions;...

Business Insurance;  November 19, 2001 ;     700+ words ......telecommunications companies to add a cash balance plan, but its leisurely pace has...package to ensure that the new cash balance plan would be a good fit. The employer contribution to the cash balance plan is based on each individual...

SBC picks cash balance

Pensions & Investments;  May 26, 1997 ;     700+ words ......billion defined benefit plan to a cash balance plan June 1. Only the benefit formula...San Francisco, already has a cash balance plan for nonunion employees. With...first baby Bell to adopt a cash balance plan, in July 1993. AT&T Corp...

Pension reform leads MeadWestvaco to shift to cash balance plan; Age bias...

Business Insurance;  November 13, 2006 ;     408 words ......nonunion hourly employees to a cash balance plan, the first major company to...will earn benefits under the cash balance plan, and on Jan. 1, 2008, employees...current plan or shifting to the cash balance plan. Under the cash balance plan...

BIRMINGHAM MULLS CASH BALANCE PLAN.

Pensions & Investments;  November 16, 1998 ;     315 words ......its defined benefit plan to a cash balance plan. The city, with about $89 million...human resources. ``We think the cash balance plan will give us all the features...funded for years, switching to a cash balance plan would let the city use up the...

BOEING UNION MAY SEEK CASH BALANCE OPTION.

Business Insurance;  November 1, 1999 ;     700+ words ......to include them in its new cash balance plan. Boeing converted its traditional...15 billion in assets, to a cash balance plan on Jan. 1 for non-union employees...choice of switching to the cash balance plan or staying in the old plan...

LESSONS LEARNED: Telcordia to offer `state-of-the-art' cash balance...

Pensions & Investments;  November 12, 2001 ;     700+ words ......Technologies on Jan. 1 will add a cash balance plan and give its employees a choice...telecommunications companies to add a cash balance plan, but its leisurely pace has...Telcordia, or moving to the cash balance plan and receiving no subsidized...

MOTIVATION BEHIND CASH BALANCE PENSION PLANS DEBATED.

Business Insurance;  May 10, 1999 ;     700+ words ......scarcely heard since the first cash balance plan was set up in 1985. Employers...for making the change to a cash balance plan, it appears that cost savings...500 company converting to a cash balance plan-even if the coverage is negative...

Harkin seeks employer input on cash balance conversions.(News)

Business Insurance;  April 5, 2004 ;     700+ words ......senator who is influential on cash balance plan issues could be the first step...a sense of urgency'' on the cash balance plan issue and believes this is...benefits earned under the cash balance plan by any participant-regardless...