Pension problems cause some workers to worry

10/14/2011 | Reuters

Some employees, worried that their companies' underfunded pensions may jeopardize their expected lump-sum payments, are retiring early. The drop in corporate pensions' funding levels in the last quarter was the largest since the end of 2008, one expert said. Some expect to see companies freeze their pension plans, possibly adding 401(k) plans instead.

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