"We're going to have a very bad year," said Howard Silverblatt, an analyst with Standard & Poor's, a financial research firm based in New York. "Companies are going to have to put significant amounts of money in [pension funds] this year." 11 percent of 248 companies said they have frozen or closed pension plans |
Read the rest of the story HERE:
At www.boston.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.