Question: 1. While ERISA has been helpful, how well are employees protected in situations where overfunded pension plans exist?
2. What is the danger, particularly to older employees of restructuring pension plans into "cash benefit plans?
3. In what ways are the minimum liability and the transitional net obligation (or asset) similar and in what was do they differ?
4. Is it inconsistent to use future salaries for service cost calculations and current salaries for minimum liability calculation purposes?