Defined-benefit pension plans are becoming a crushing burden for corporate America, and there is no relief in sight, warns a major study. Of more than 100 chief financial officers and senior financial executives surveyed by human resources consultancy Towers Perrin, 32% already have closed their pension plans to new enrollment. And more than 57% say pension programs pose a significant risk to their bottom lines. “The role of the defined benefit pension in corporate America will continue ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.