Watson Wyatt.

Watson Wyatt found in 2004 that 11 percent of Fortune 1000 companies froze or terminated defined-benefit plans, up from 7 percent in 2003 and 6 percent in 2002, and 4 percent had plans closed to new hires in 2004.

COPYRIGHT 2005 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:	fYi; Fortune 1000 companies
Publication:	Financial Executive
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Oct 1, 2005
Words:	39
Previous Article:	In quotes.
Next Article:	Deloitte.(fYi)
Topics:	Defined benefit plans Surveys

Related Articles
Hybrid Pension Plans Gain Among Large U.S. Companies.(Brief Article)(Statistical Data Included)
Pension crunch coming as population ages and labour shortages appear.(Child & Family)
Pensions: plan funding improved in 2003, study shows.(BusinessBriefs)(Brief Article)
Watson Wyatt.(fYi)(health care cost)(Brief Article)
Healthcare: communication helps retain top workers.(businessBRIEFS)
Watson Wyatt.(fYi)(Brief Article)
Watson Wyatt Worldwide.(fYi)(stock options )(Brief Article)
Healthcare: education, intranets driving decisions.(Brief Article)
Watson Wyatt.(fYi)(Funding for annual incentives increaseS)(Brief Article)
Watson Wyatt urges Congress to act.(pensions)