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Motorola freezes salaries and pensions as recession continues to bite
...pension benefits to cut costs as the recession continues to bite the IT sector. From 1 March 2009, Motorola will permanently freeze its US pension plans, preserving vested benefits accrued by employees and retirees but eliminating future benefit... http://www.computerweekly.com/Articles/2008/12/18/233971/motorola-freezes-salaries-and-pensions-as-recession-continues-to.htm
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All ResultsNews and blogs from the web - PERMANENTLY FREEZE

Read all posts by Dawn Kawamoto in News - Wireless - CNET News
...with co-CEOs Brown and Jha taking a 25 percent cut to their base salary. Beginning March 1, Motorola will permanently freeze its U.S. pension plan, preserving the vested benefits accrued by employees and retirees, but canceling future... http://news.cnet.com/8300-1035_3-94.html?authorId=110
Motorola Announces Cost Reduction Actions
AP Technology NewsBrief at 3:54 p.m. EST
Motorola cuts compensation and benefits package
AP Technology NewsBrief at 5:40 p.m. EST
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All ResultsOther content from the web - PERMANENTLY FREEZE

Motorola Announces Cost Reduction Actions
...programs across the company. Effective March 1, 2009 , to better align with industry norms, Motorola will permanently freeze its U.S. pension plans, preserving vested benefits accrued by employees and retirees but eliminating future... http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/12-17-2008/0004943523&EDATE=
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