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On August 17, 2006, the day President George W. Bush signed his pension-reform bill, Rep. Charlie Rangel called it a "Trojan horse that brought the end of the defined benefit pension system."
We beg to differ with the ranking Democrat on Ways and Means, but his comment seems to be the exact opposite of the truth. This pension-reform legislation might turn out to be just the action that saves pension plans from extinction.
To read the entire article, click here.
We beg to differ with the ranking Democrat on Ways and Means, but his comment seems to be the exact opposite of the truth. This pension-reform legislation might turn out to be just the action that saves pension plans from extinction.
To read the entire article, click here.
