CUNA Mutual Group is eliminating the jobs of 52 people, cutting expenses and switching to a cash-balance pension to save money, the company announced last week.

The company won't furlough any employees and is continuing to contribute to its 401(k) plans.

CUNA Mutual President/CEO Jeff Post said the cuts were needed to help the company handle the current economic downturn and position itself for additional challenges in the future.

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