David R. Francis for the Christian Science Monitor writes: “Pension funds pinched, stirring calls for reform.” The article reports: “Of the companies in the Standard & Poor’s 500 index, 353 offer traditional pension plans, as opposed to voluntary savings plans for employees such as 401(k)s. Of those firms, at least 322 pension plans were underfunded as of mid-June.”
Pension Funds Pinched
David R. Francis for the Christian Science Monitor writes: "Pension funds pinched, stirring calls for reform." The article reports: "Of the companies in the Standard & Poor's 500 index, 353 offer traditional pension plans, as opposed to voluntary savings plans…