Senate Passes A Bill to Cover Pension Plans

Article Abstract:

The Senate has passed a two-year pension bill to help certain companies save $8 billion in ways they calculate future contributions to their employees' plans. Now the Senate has to reconcile legislation with the two House bills passed in 2003. The Senate version offers more extensive relief, but the Bush administration and the secretaries of the Treasury, Commerce and Labor oppose the subsidy legislation and its possible impact on the struggling Pension Benefit Guaranty Corp on whose board they serve. The airlines and steel industries claim they need this legislation to survive financially. UPS has already withdrawn a proposal that would have limited its contributions to a plan run by the International Brotherhood of Teamsters.

Government regulation (cont), Government expenditures, Financial management, Government regulation, Courier Services, Security Guards and Patrol Services, Public affairs, Legislative Bodies, Legal/Government Regulation, Labor organizations, Labor Unions, Labor Unions and Similar Labor Organizations, Detective & armored car services, US House of Representatives, US Senate, Economic aspects, Laws, regulations and rules, Finance, Political activity, Economic policy, Delivery services, Political aspects, Pensions, Bush, George W., Corporations, United Parcel Service of America Inc., United States. Congress. Senate, International Brotherhood of Teamsters, Corporate finance, United States. Congress. House, Company financing, Labour unions

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Criticism Arises Over the Way Calling Plans Advertise Rates

Article Abstract:

Many consumers who have signed up for flat-rate unlimited calling plans that phone companies are currently marketing have found that their bills are larger than they were led to believe. The extra charges result from taxes and surplus fees which are not mentioned when offering the flat-rate. The phone companies respond to criticism over this policy by arguing that separating charges helps consumers understand their bill.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Commodity & service prices, Advertising, Advertising Activity, Telemarketing Services, Telemarketing Bureaus, Business services, not elsewhere classified, Telemarketing, Company legal issue, Cases, Prices and rates, Telecommunications services industry, Telecommunications industry, Investigations, Communications industry, False advertising, Company pricing policy

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