Cash-Balance Conversion May Add Up to Age Discrimination

October 1999
Workforce (10928332);Oct99, Vol. 78 Issue 10, p22
Reports on the conversion of the traditional pension plans to cash-balance pension plans in the United States. Age-discrimination in the cash-balance plan; Description of cash-balance; Appeal of the cash-balance plans to mobile workers; Protest of IBM employees against the pension plan conversion; Ways to minimize the negative effects of the pension plan conversion.


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