They are a complement to each others' businesses, and together can provide added scale. If it makes them stronger financially, it's a good thing for the industry, and for their own viability in the long term.
David Gunasegaram
It doesn't mean they will lose it. It just means that no additional pension benefits will be earned.
benefits lose
It gives associates increased flexibility to manage their retirement and also allows us to have success in the marketplace.
associates success retirement flexibility
The relationship between the companies is evolving to meet the changing dynamics and business needs.
business relationship changing
I think it's still a merger of equals. I think you will see that it's a pretty good balance.
good balance pretty
After considering the needs of the business, we made changes to the retirement program that places emphasis on the 401(k) program. It provides our associates with increased flexibility in managing their retirement and it positions our company for success in the marketplace.
places associates business success company made retirement flexibility
good industry thing
This is about striving to be more environmentally friendly.
striving
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