Rule change is seen as weakening company pension plans

05/6/2013 | CNBC

A little-noticed rule change adopted by Congress worsens the problem of underfunding company pension funds and increases the chance of workers not having enough money after they retire, 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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