Ncr to End U.S. Pension Plan Contributions ; the Company Will Boost Its Match Under the 401(K) Program. Newer Employees Were Already Under That Rule.
Dayton Daily News › September 28, 2006
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Summary
DAYTON -- NCR Corp. said Wednesday it will no longer make contributions to pension plans of U.S. employees after Dec. 31, in an effort to reduce its annual net retirement expense by $40 million starting in 2007.
The action by NCR's board of directors expands a change begun in 2004 that applied to younger and newly hired employees.See the full content of this document
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Ncr to End U.S. Pension Plan Contributions ; the Company Will Boost Its Match Under the 401(K) Program. Newer Employees Were Already Under That Rule.
The change applies to pension plans for both executives and regular e...
See the full content of this document
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