Tag: IBM
A closer look at the Boeing negotiations only makes the question more puzzling. Boeing workers recently accepted the company’s third offer. The agreement does not include reopening the Boeing defined benefit pension plan, which was cited as the major reason that the union rejected the second offer. Even though the strike is over, I find…
Only a handful seem like logical candidates, with big banks topping the list. IBM announced last November that it would no longer contribute a traditional company match and instead reopen the cash balance component of its previously frozen defined benefit plan. The question is, what other companies might follow suit? The answer is mainly big banks, but…
