Part of speech: n.
Quotation: The act would eliminate the uncertainty by making it clear that cash-balance plans don’t violate federal laws against age discrimination, Klein says. The measure also bars companies from freezing older workers’ benefits after a conversion—a practice known as “wear-away” that can sharply reduce their benefits.
Author:
Sandra Block
Article, document, publication, web site:
USA Today Date of publication:
Aug. 7, 2006
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