Law Offices of Gary Martin Hays & Associates
P.C.
75 Ponce De Leon Ave NE Ste 101
Atlanta,
GA 30308(470) 294-1674
www.garymartinhays.com
When Hewlett-Packard Co. announced Tuesday that its massive restructuring would include an overhaul of its retirement plans, the technology giant joined a long line of companies trying to cut costly pension obligations that originated in another era. The traditional "defined-benefit" pension plan, in which a company invests a pool of money that is used to dole out checks to retired employees based on their final salaries, long has been waning.
July 21, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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