Some examples of companies ending or reducing this benefit.
Companies not offering plans for new employees.
• 3M (2009)
• Northrop Grumman (2008)
• General Motors (2007)
• Chrysler (2007)
• Ford (2007)
• Alcoa (2006)
Companies that have frozen plans for managers, nonunion workers. A frozen plan allows employees to collect a pension for time already accrued, but they can't accumulate further benefits.
• The New York Times (2010)
• Verizon (2006)
Companies that have frozen pension plans for all employees.
• St. Louis Post-Dispatch (2010)
• Conde Nast (2010)
• Wells Fargo (2009)
• Motorola (2009)
• Cigna (2009)
• Hewlett-Packard (2008)
• IBM Corp. (2006)
SOURCE: Pension Rights Center, media reports





