We are sad to report Richard Brooks, President of the Association of Former Pan Am Employees Inc., (AFPAE) passed away September 6, 2003. He leaves behind a wonderful legacy and will be missed by all who knew him.
A resurgent stock market has failed to reduce pension shortfalls, prompting more than a third of U.S. companies with a pension plan to say they'll freeze benefits.(There is more)
Is there a pension crisis? November 18, 2003
By Theo Francis and Ellen E. Schultz Staff Reporters of THE WALL STREET JOURNAL
Failed Pensions:
November 12, 2003 A Painful Lesson In Assumptions