| Featured PRFirm
You do not need any permission to link to any of the pages on this site. Limited copyright is granted for you to use and/or republish any of the press releases on this site for any legitimate media purpose as long as you reference PRWeb as the source. Using the press releases from the PRWeb network of sites on other sites that offer competing services to those offered by PRWeb, including but not limited to press release distribution, is expressly prohibited under the terms of this copyright. Non-press release pages (Press Release Tips, About PRWeb, etc..) cannot be republished without prior written consent of PRWeb. You may, however, link to these pages from your site. .
Younger workers enjoy easier transition to 401(k)
When Shirley Hsieh joined IBM in 2004 after earning a master's degree in public policy, retirement benefits weren't on her mind.
She was more interested in the details of her new job, consulting with clients in the federal government and defense industry in Washington, D.C.
"It was a good company. I liked the job they were offering me. It wasn't until the first week of orientation when they were explaining the benefits to me that I thought, 'Oh, this is pretty good,'" she said.
Hsieh, who is 28, got in just under the wire before IBM stopped offering pensions to new hires in 2005.
But her benefits stopped accruing Jan. 1, like those of the rest of the 107,000 U.S. employees with pensions.
She is now enrolled in IBM's beefier 401(k) and will receive 2 percent of her salary as an automatic contribution.
Hand-me-down firetruck proves to be a lifesaver
Fire Chief Dennis Massey is proud of the volunteer fire department's 1959 Chevy Spartan firetruck. Massey has been a part of the Village of Palisades firefighting force almost since the beginning in 1996. The all-volunteer department uses hand-me-downs and what they can get on a small budget. .
|
