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The companies want to freeze those payments for current longshoremen and eliminate them for future hires.
Random House has frozen the pensions of current employees and eliminated them for future hires.
San Diego's plan would require future hires to enroll in a defined-contribution plan, similar to a 401(k) plan.
By law, the pension formulas of existing workers are essentially unalterable — any changes affect only future hires.
But he added that restraining the benefits of future hires "may be the beginning of the way out".
States have asked current workers to contribute more, tweaked the formula for future hires or banned them from the pension plan altogether.
Similar(28)
Still, worry remains, making future hiring unlikely.
Other precursors of future hiring, like temporary employment, showed modest improvement last month.
What's more, restatements create industrywide uncertainty that can inhibit future hiring.
Several dozen cleaning contractors also agreed to give preference to those janitors in future hiring.
The portion of respondents planning future hiring narrowed to 13percentt last month from 16percentt in January.
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CEO of Professional Science Editing for Scientists @ prosciediting.com