Critics Charge Pension Bill Favors Highly Paid Workers
New York Times (04/10/02) ; Oppel Jr., Richard A.

Some legal experts and pension rights advocates say that the first of the post-Enron pension measures, which have recently reached the House floor, could lead companies to seek to reduce the number of employees covered by pensions. The measure would also give significantly larger pension benefits to an organization's most highly paid executives, they say. J. Mark Iwry, who oversaw employee-benefits policy and regulation at the Treasury Department from 1995 to 2001, says that the "controversial proposal" would enable "corporations in some cases to exclude more employees from pension coverage and reduce the level of benefits for average-and lower-paid workers who remain covered."


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