Tuesday, March 28, 2006

 

Cash Squeeze Means Pension Freeze

A new study says finance chiefs will freeze retirement benefits if they cut into buybacks, capital spending, or other priorities.

Most companies would probably freeze their defined-benefit pension plans if the costs start eating large chunks out of corporate cash flow, a new survey of 109 senior finance executives finds.

Cash Squeeze Means Pension Freeze
Source: Insurance News Net

This page is powered by Blogger. Isn't yours?