Rule change is seen as weakening company pension plans

05/6/2013 | CNBC

A rule change that Congress adopted last year worsens the problem of underfunded company pension funds and increases the chance of workers not having enough money after they retire, some experts say. Language included in a transportation bill allows companies to use a 25-year average interest rate, rather than current interest rates, when calculating pension liabilities. The change lets companies reduce their minimum pension contributions.

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