IBM to Freeze $48B Pension Plan in 2008: Financial News - Yahoo! Finance

IBM to Freeze $48B Pension Plan in 2008: Financial News - Yahoo! Finance: "BM to Freeze $48B Pension Plan in 2008, Enhance 401(k) Benefits for 125,000 Employees in U.S.

BOSTON (AP) -- Furthering corporate America's move away from pensions, International Business Machines Corp. said Thursday it will freeze its $48 billion pension plan in 2008 and instead enhance its 401(k) benefits for its 125,000 U.S. workers."