Is IBM's Pension Plan Announcement Good News For Employees?

IBM Pension PlanPhoto credit: RedditEarlier this week, I wrote of the news that IBM IBM was reopening its defined benefit (DB) plan. Their announcement was noteworthy for two reasons— IBM is known for being a leader and changemaker in retirement funding, and Is IBM’s action a sign of a reversal of the decades-long trend of corporates moving from traditional DB pension plans?I received inquiries on my column questioning whether the changes in IBM’s pension plan were good for employees, so I am writing this f ...