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The strike that was
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<blockquote data-quote="Jones" data-source="post: 329831" data-attributes="member: 4805"><p>I don't think UPS and ENRON are really comparable because with UPS we are talking about a pension plan, while with ENRON we are talking about an ESOP and a 401K. Pension plans, ESOPs, and 401ks are all regulated differently, with one noteworthy difference being that company pension plans are prohibited by law from being primarily invested in company stock while a defining feature of an ESOP is that it <strong>is</strong> primarily invested in company stock</p><p></p><p>I only provided the information that I did in order to answer a specific question that you had asked about ENRON's retirement plans.</p></blockquote><p></p>
[QUOTE="Jones, post: 329831, member: 4805"] I don't think UPS and ENRON are really comparable because with UPS we are talking about a pension plan, while with ENRON we are talking about an ESOP and a 401K. Pension plans, ESOPs, and 401ks are all regulated differently, with one noteworthy difference being that company pension plans are prohibited by law from being primarily invested in company stock while a defining feature of an ESOP is that it [B]is[/B] primarily invested in company stock I only provided the information that I did in order to answer a specific question that you had asked about ENRON's retirement plans. [/QUOTE]
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