I.B.M. Prepares Substitution for Pensions of New Hires
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I.B.M. is planning to close its employee pension plan to new employees at the end of the year and give all new workers a 401(k) plan instead.
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All workers who do not have basic qualifications or skills will be offered extra training, the Chancellor announces.
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Fidelity Investments yesterday said it is set to administer the University of California's multibillion-dollar retirement plans, in a deal that for the first time has a public university using a single retirement record keeper.
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Future Social Security benefits could be cut almost in half for some younger workers under a plan President Bush is considering for overhauling the nation's retirement system.
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Enlist the help of your boss and Uncle Sam to feather your retirement nest egg.
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IndyMac Bancorp Inc , the  ninth-largest U.S. mortgage lender, said on Tuesday it expects  to hire 750 to 850 former employees of bankrupt American Home  Mortgage Investment Corp  as it prepares for a  rebound in demand for home loans.
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A few smart moves can fast-track your retirement.
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The government&#39;s pension agency moved to assume responsibility Thursday for United Airlines pilots&#39; pensions, acknowledging as unfortunate but inevitable the carrier&#39;s elimination of defined-benefit plans for its employees.
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Enlist the help of your boss and Uncle Sam to help you build your retirement nest egg.
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I.B.M. has been reorganized from a classic multinational company to become a more seamless global enterprise.
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General Motors Corp  would give  new union members 401(k)-style retirement plans instead of  traditional pensions for the first time under a proposed United  Auto Workers contract, Bloomberg News said on its Web site,  citing people with knowledge of the talks.
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Electronic Data Systems  on Tuesday  made a voluntary early retirement offer to about 9,200 U.S.  employees as part of its plan to reduce up to 20,000 jobs over  the next two years to regain its competitiveness.
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United Airlines' workers are getting formal details on how the bankrupt company wants to replace their traditional pension with a 401(k)-style benefit plan &#151; plus further steep reductions in pay and other benefits.
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Fidelity Investments yesterday unveiled new features for some of its 401(k) retirement plans, among the first of a wave of services expected from financial companies following a new pension law signed this month.
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Ministers are to publish a bill outlining changes to the state pension system, including raising the pension age.
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I.B.M. said that it had agreed to pay $320 million to its employees to settle in part a class-action lawsuit over its pension plan.
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The government has unveiled a blueprint for the biggest overhaul of the nation&#039;s pension system in more than half a century, with a proposal to raise the retirement age to 68 by 2044.