Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 exptools 1/6/84; site ihuxk.UUCP
Path: utzoo!watmath!clyde!burl!ulysses!mhuxl!ihnp4!ihuxk!rs55611
From: rs55611@ihuxk.UUCP (Robert E. Schleicher)
Newsgroups: net.followup,net.women
Subject: Re: Allstate Insurance says women don't deserve equal pay with men
Message-ID: <639@ihuxk.UUCP>
Date: Tue, 29-May-84 14:56:26 EDT
Article-I.D.: ihuxk.639
Posted: Tue May 29 14:56:26 1984
Date-Received: Fri, 1-Jun-84 22:00:58 EDT
References: <621@pyuxqq.UUCP> <169@digi-g.UUCP>, <1119@qubix.UUCP> <170@digi-g.UUCP>
Organization: AT&T Bell Labs, Naperville, IL
Lines: 11

The net effect of the pension/annuity benefits controversy is that
more companies are converting their plans to "fixed" value payout.
In other words, you can accept a lump sum, or x dollars for y months.
If you die before you receive all your money, your estate gets the rest.
If you live too long, that's your tough luck (or good luck, as the case
may be)!  Thus, there is no possible sexism, age discrimination, non-smoker
bias, etc.  It's all math and net present value calculations.

Bob Schleicher
ihuxk!rs55611
AT&T Bell Laboratories