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Eye On America (Guarding Your Money: Cash Balance Plans) #387472

CBS Evening News for Monday, May 17, 1999
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(Studio: Dan Rather) CBS poll findings on pension plans cited.

(Niagara Falls, New York: Ray Brady) Concerns about employers switching from older pension plans to cash-balance plans examined; examples cited. [Niagara Mohawk utilities worker Mike MURPHY - describes the loss of pension money after his company switched plans.] [Kodak manager Mike MILLER - supports the new plan.]

(Studio: Dan Rather) Chart shown of the best places to live after retirement.

Reporter(s):
Brady, Ray;
Rather, Dan
Duration:
00:04:10

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