Dear Friend,

Please contact the US Treasury and your Senators and Representatives as soon as possible.The US Treasury recently announced proposed regulations to allow US companies to convert to cash balance pension plans without regard for the harm such a conversion can do to long-term employees.

These conversions have a history of reducing benefits for older workers by 50% or more. Opening the door to corporations to allow this treatment of older workers should not be allowed. Older workers cannot make up the 20, 25 or 30 years of time they have dedicated to their employer, to make up the shortfall that they would suffer in these conversions.

Older workers have already seen their future security reduced by the cancellation of retirement medical plans, and by the erosion of their 401K investments. Our government should not now allow further threats to retirement that could lead to poverty or bankruptcy in old age.

Please TAKE ACTION right away and visit http://www.allianceibm.org/pension/pensionaction.htm. There are sample letters there and links to get your Representative's addresses. It is very easy to do. Please do this now! Thank you.

Sincerely,