Discuss: Pension reform clear in 1 regard: It will be costly

[BrownCafe]

Pension reform clear in 1 regard: It will be costly - Orlando Sentinel
There's an ongoing joke among certified public accountants that tax reform--which is generally done in the name of simplification--is always good for their business.

[STLFeeder]

For those who want to know how this new law effects us..

Although companies such as United Parcel Service Inc., General Electric Co., Wachovia Corp. and Merck & Co. aren't expected to make any additional pension contributions based on old rules, Zion calculates they would each have to contribute more than $100 million this year if the new rules were fully in effect, instead of phased in over time.