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The type of pension plan at the heart of the I.B.M. lawsuit is known as a cash balance plan.
The House is voting today on our 'cut, cap, and balance' plan, and we hope the Senate will take it up soon.
Republicans made clear that they intended to vote this week on their "cap, cut and balance" plan, which would cut the deficit, cap federal spending as a share of the economy and amend the Constitution to require a balanced budget.
House Republicans have scheduled a vote for Tuesday on their cut, cap and balance plan that would pare billions of dollars in 2012 spending and cap future spending as a percentage of the economy.
Senate leaders were still planning to go forward with consideration of the McConnell fallback after considering the "cap, cut and balance" plan that cleared the House on Tuesday but that has no chance of passing the Senate.
More than 20,000 hits have been recorded at att.nac.net since that site was set up in December with the aim of rolling back AT&T's switch in 1997 to a cash balance plan.
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We tried to balance planning our future with enjoying the present.
The company's decision came within days of a Congressional hearing on cash balance plans.
One possibility is converting traditional pensions to "cash balance" plans, which are less costly.
From a government policy perspective, the switch to cash balance plans delivers retirement benefits more democratically.
Some workers have received inadequate transition benefits or poor information about their cash balance plans and have lodged legitimate complaints.
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