Pensions grow as private plans surge in numbers
A long-range view shows ERISA did not curb pensions. EBRI data place tax qualified plans near 700,000 by year end, a 62 percent rise since 1975. Coverage and retiree benefits have grown, while responsibility shifts to individuals and employers with defined benefit and defined contribution plans.
MENTIONED IN THIS ARTICLE
Employee Benefitesearch Institute
EBR
EBRI
Dallas Salisbury
ERISA
Salisbury
Tn Pensionese
William Niskanen Jr
Opening stocks slump as market heads lower
New York stocks opened steeply down with the Dow Jones at about 852.07 at 11 a.m. after a Friday loss, as 658 issues declined to 335 gainers. Volume reached roughly 12.09 million shares in two hours amid profit taking and uncertainty over the economy, interest rates, and a federal budget plan.
MENTIONED IN THIS ARTICLE
New York
UPI
DJIA
New York Stock Exchange
Congress
Also Mentioned on This Page
Pat Widder
Chicago Tribune
Stephen Bruce
The
Pension Rights Center
Niskanen
Ray Schmitt
Library of Congress
Congressional Research Service
U.S
Benstt
Ute
Ally Power
US Steel
Ails Chaim Nat
Pan Am
AmerStup American Standard
Repab Steel
CPC Inter
Reynolds Mt
Excelo
Colgate
Rob
He Freebaof
Col Gas
Sears
Goodneh
Capw Edson
Sanezer
Ibh
Inésstnes
Searle
Gd)co
Dupont
Sameker
Southern Co
Eastman Kodak 3A
TRY
Eaton
Dibtres Bu Evans
Union Card
Toledo Edison
Exxon Co
Union Pacific Au
United Brands
Weelworth
Ford Motor
Gen Foods
Gen Motors
GTE
Goodrich
IC Indus
We Inco Ltd
Lukens
Mattel
MGM Gr
Mobil Corp
Monsanto
Nabisco
NatCani
Jensen
Broad Street
Bryhia
Iceland
Germany
Alaska
USO
Iife
Og Vay
OES
Mid-Ohio
Mid-Ohio Securities Corp
Ovnal Association of Securities Centers Inc
Lorain
Sigris
Sputer Sputter Par Plaza
Plata Blm
Broad St. Dyris
MDRT
T. Victor, du
Copervers
Ng. Cheweband
Offic
Tor F. Stewart