Word: plan
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After my brother started working for a Ford dealership, my wife and I took advantage of the family plan and purchased a brand new 2004 Freestar minivan. Over the 2 1/2 years we owned the vehicle, we had to take it in to the dealer at least eight times for warranty work. The only thing worse than the quality of the vehicle was the quality of service I received. Not surprisingly, the dealership is now out of business. I wouldn't buy another Ford vehicle if the fate of mankind hung in the balance. Steve Devereaux, STATEN ISLAND...
...what does that mean for people who are deciding which diet to try in the new year? Researchers say it's too soon to eschew a high-fiber (or low-fat or low-carb) plan to go low-glycemic load. "There are certain quirks that make [understanding] the glycemic index more complicated than understanding carbohydrates and fats," says Dr. John Buse, president of medicine and science at the American Diabetes Association. "The science in the low-glycemic index field is certainly less robust than in other nutrition management fields." Buse notes that the study's findings do not discount...
...actuarial value of the assets in the pension fund was $766 million, giving Cambridge’s pension plan a funded ratio of 91.96 percent—just above the 90 percent ratio that many experts say is financially responsible. By comparison, Boston’s funded ratio in 2006 was only 64.40 percent, or well below the 80 percent that is generally considered “at-risk...
...advantage—and there are few other cities that you’ll find this in—is that we were scheduled to have our plan paid off by 2013, which is pretty much unheard of,” Depasquale said. “A lot of cities and towns had it in their plans to pay off [the unfunded liability] by 2028, and if you were close to that date, obviously you [now] have a real problem. Fortunately for us, we have some more room to recover here...
...While Cambridge’s larger and earlier payments into its pension plan have given the city more room to maneuver than others, city officials said that the pension funds have almost certainly been harmed by the slumping markets...