Pension reform clear in 1 regard: It will be costly


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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.