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Archive Home > 2011 > March > 01 > With pensions at risk, states consider 401(k)-type plans

With pensions at risk, states consider 401(k)-type plans

By Steven Greenhouse / The Bulletin
March 1, 2011

Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago: moving workers away from guaranteed pension plans and toward 401(k)-type retirement savings plans.

The efforts come as the....

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