OTHER NEWS - Dec. 20, 1995

Rules Eased on Troubled-Pension Reports: Companies with troubled employee pension plans no longer have to file reports on the funds’ finances with the Pension Benefit Guaranty Corp. if the information is available from other U.S. agencies, according to new rules. The rules, which apply to groups of companies that jointly operate employee pension plans, permit firms to file information on pension underfunding with the Securities and Exchange Commission or other federal agencies, without filing the reports with the PBGC, an agency under the supervision of the Labor Department. A pension advocacy group opposes the changes, saying they make it difficult for employees and others to determine when their promised pension benefits are at risk.