Tag: Pension Freeze

Newsmakers April 2, 2019

BMW to Freeze US Pension Program, Shunt Workers into DC Plan

Decision to shift American workforce into a defined contribution plan comes amid dropping earnings at the carmaker.

Newsmakers January 23, 2018

Alcoa to Freeze US, Canada Pensions by 2021

Aluminum producer will transition employees to defined contribution plans.

Newsmakers January 9, 2018

Arconic to Freeze US DB Plans in April

Freeze to affect 7,900 US employees.

Newsmakers July 3, 2017

General Mills to Freeze Defined Benefit Pension Plans by End of 2027

No 401(k) changes to be made.