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This week on NOW:
David Brancaccio interviews U.S. Army Corps of Engineers official Bunnatine Greenhouse, who was demoted after blowing the whistle on alleged contractor fraud and abuse involving exclusive, non-compete contracts worth billions of dollars to Halliburton and its subsidiary KBR, which have since been awarded new government work in the rebuilding of the Gulf Coast.
More and more retirees are finding that their former employers are not delivering on their promises of a secure retirement. Today, some of America’s biggest companies are “underfunding” pension plans, shortchanging retirees, or simply refusing to pay out. NOW examines this disturbing trend that is leaving some retirees without the pension benefits they were expecting, often when they need them most.
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