The Pensions Funding Gap
Against The Current vol. 159
Rasmus, Jack
http://www.solidarity-us.org/node/3638
Date Written: 2012-07-01
Publisher: Against The Current
Year Published: 2012
Resource Type: Article
Cx Number: CX14300
A pension crisis of major dimensions is growing in the United States across all three forms of defined benefit plans (DBPs) — public, private single-employer, and private multi-employer plans. Corporate America and its political friends have begun to use the economic crisis that commenced in 2007 as an opportunity to initiate and expand yet another offensive, aimed at further undermining defined benefit pensions.
