September 30, 2009

Scary report looks at on how newspaper pensions doing

Mark Fitzgerald publishes a frightening look at pension plans of U.S. newspapers in his latest special report on Editor & Publisher.

Reading the report re-emphasizes why the Newhouse newspapers froze its defined pension plan in May, opting for contributions to employees 401k plans instead.

Fitzgerald explains why publishers are worried about the pension plans and why that has been a backburner issue.

Related posts:
Why May for pension changes?
Pension is frozen, not terminated


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