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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John Carragher who wrote (44544)1/15/2006 3:18:56 PM
From: LLCF  Read Replies (1) of 116555
 
My understanding is that the classic "pension plan" (defined benefit) are all on the way out. Why would any company leave themselves open ended liabilities that can't be valued? The defined contribution is probably all that will be left, for good reason.

DAK
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