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Intermountain Health pauses pension plans. What implications does this have for employees?

Intermountain Health pauses pension plans. What implications does this have for employees?

Intermountain Health Freezes Pension Plan Intermountain Health plans to freeze its long-standing pension plan. This change will impact about one-third of its more than 68,000 employees. Factors influencing this decision include fiscal pressures, reduced government spending, and inflation. Intermountain Health, based in Utah, recently revealed its decision to end its long-running pension system. This step […]