MONEY: A defined-contribution program

http://online.wsj.com/articles/lockheed-martin-to-freeze-defined-benefit-pension-1404220591

July 1, 2014 9:16 a.m. ET

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Lockheed Martin Corp. LMT -0.82% plans to freeze its defined-benefit pension plan for salaried workers and move them to a defined-contribution program starting in early 2016.

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Screw the little guys.

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