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Corporate & Securities Law

: Representing Investors

Under Funded Pension Plans A Bone Of Contention For Companies, Employees and Retirees

By Keith Griffin

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Chaos in the world?s financial markets has wreaked havoc on corporate pension plans, with more people seeing their retirement savings slowly dwindle in value month after month. For retirees of bankrupt employers, the reality is especially grim. David Jeanes, 60, is one of those individuals. Jeanes retired from Nortel Networks, North America?s biggest telephone equipment maker, [...]

Full post as published by Representing Investors on March 25, 2009 (boomark / email).

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