The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  IBM Must Pay in Pension Switch Date:  2/19/2004  12:30 PM
Author:  pauleckler Number:  39289 of 88508

In an AP story, its reported that IBM has lost a lawsuit over a forced switch to defined contribution pension plan reducing benefits of older employees. They must make up back payments.

Its great that sometimes employees are willing to sue in such cases. And sometimes they win.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us