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Subject:  IBM Must Pay in Pension Switch Date:  2/19/2004  12:30 PM
Author:  pauleckler Number:  39289 of 81334

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.
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