1. He had worked for the same engineering firm for thirty years and he had always set great store by the company pension. 2. The law allows a rollover of retirement money from a company pension to an IRA. 3. MPs on the Parliamentary Committee on Social Security, currently investigating company pensions, are to examine the Hoover move. 4. Among other things, it wants legislation that reduces the number of years people have to work before they can vest in a company pension. 5. And women are less likely than men to hold jobs that include company pensions. 6. Beneficiaries often choose not to save in the belief their company pension will combine with Social Security benefits to provide an adequate retirement income. 7. But pension rights advocates see brokerage plans as another example of the erosion of the traditional company pension, which features a defined benefit backed by federal guarantees. 8. Democrats say it will actually leave fewer employees with company pensions and shift more benefits to highly paid executives. 9. Executives quickly flipped the purpose of the law by establishing separate retirement plans for themselves, divorcing their financial interests from company pensions. 10. I have a company pension and we both receive Social Security benefits. |
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