Pension debate is heating up

Article Abstract:

IBM's decision to change its tradition pension plan to a cash-balance plan is encountering strong opposition from its employees who are increasing their efforts to unionize. While there are supporters of the cash balance plan, those opposed to it say it violates age-discrimination laws since midcareer employees lose 20% to 50% of their planned retirement benefits. The Equal Employment Opportunity Commission and the Senate Health, Education, Labor and Pensions Committee are studying the implications and effects of cash-balance pension plans.

Electronic Computer Manufacturing, Computers, International Business Machines Corp.

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Cover story Could your genes hold you back?

Article Abstract:

More employers are using results of DNA tests to discriminate against employees, according to a 'USA Today' analysis of surveys and trends. These employers apparently are not hiring, promoting or giving health coverage to employees whose DNA tests show are susceptible to certain illnesses. Some employees even claim that they have been tested for their DNA without their permission.

Employee Evaluation, Employee performance appraisals

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