EDS Sets Voluntary Retirement Offer
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Electronic Data Systems on Tuesday  made a voluntary early retirement offer to about 9,200 U.S.  employees, or up to 8 percent of its total workforce, as part  of its plan to reduce up to 20,000 jobs over the next two years  to cut its costs.
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The federal agency that protects private sector pension plans announced yesterday that the maximum annual benefit for plans taken over in 2005 will be $45,614 for workers who wait until age 65 to retire.
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DALLAS, Sept. 9 -- Electronic Data Systems Corp. could cut 15,000 to 20,000 jobs -- more than 10 percent of its workforce -- over about two years to help reduce costs by about $3 billion, chief executive Michael H. Jordan said Thursday.
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Investor's Business Daily - If a Portland, Ore., firm has its way, it may become a lot easier for your 401(k) plan to let you invest in exchange-traded funds.
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IBM IBM.N will offer future  employees a 401(k) pension plan instead of a fixed pension, the  company said on Thursday, backing away from a controversial  policy that reduced retirement payouts and stirred employee  ire.
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Visteon Corp. offered white-collar employees up to a year&#39;s salary if they accepted a voluntary buyout and left the financially struggling auto supplier.
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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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TechWeb - Enterprise Voice Sites allows businesses to build and deploy pre-packaged IVR solutions on a pay-as-you-go usage model.
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SAN MATEO, Calif. &amp; PLANO, Texas --(Business Wire)-- Aug. 23, 2004 -- Partnership to Create New Opportunities for Business Process Outsourcing Marketplace, with EDS as Charter Member.
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Summer is often a time of transition. Many employees switch jobs during summer, and many often wonder: Should I let the money I've accumulated in my company retirement plan stay in the old plan?
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Ninety-five federal prosecutors nationwide are accepting an offer of early retirement, taking with them a wealth of experience that in one office adds up to 80 years.
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Seizing on a report that a plan to privatize Social Security includes raising the retirement age for full benefits to 72, vice presidential candidate John Edwards on Saturday renewed a promise that the Democrats would never raise the retirement age.
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Enron Corp. (ENRNQ.PK: Quote, Profile, Research) will pay $321 million from the proceeds of its sale of its pipeline arm to fund pension plans for thousands of former
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The enterprise software company strikes a sizeable deal to get back on track.
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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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A management resignation and light earnings provide a buying opportunity.
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Electronic Data Systems has offered voluntary early retirement options to about 17%, of its U.S. employees and will take a pretax charge of about $150 million in the fourth quarter as a result of the move.