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Pensions / Hearings / Women #188402

ABC Evening News for Tuesday, Sep 21, 1999
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(Studio: Peter Jennings) Report introduced.

(Washington: Jackie Judd) Congressional hearings on problems with workers' pension plans featured; statistics on the IBM pension plans cited; details given of the trend to cash balance accounts. [Former IBM worker Janet KRUEGER - complains; expresses anger.] [At hearings, Senator Tom HARKIN - says older workers are being hurt.] [Employee Benefit Research Institution Dallas SALISBURY - says the needs of the work force have been changing rapidly.]

(Studio: Peter Jennings) Letter coming from Social Security that will indicate how much someone will receive in benefits previewed.

(New York: Betsy Stark) The harsh reality for American women, who will now never be able to retire, examined; examples cited of senior women who have to keep working. [Plus-50 Placement Helen BLANKENSHIP - speaks about retirement.] [65-year-old worker Lynn KENNEY - comments on her expectations.] [60-year-old worker Barbara COPELAND - says savings can go quickly.]

Jennings, Peter;
Judd, Jackie;
Stark, Betsy

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