For bankers who are turning over every stone possible to cut costs, here's another idea: shut down your old-fashioned pension plans.

Since November of last year, large banks like Bank of America (BAC) and SunTrust Banks (STI) have frozen pensions, halting the accrual of additional benefits for the employees who participate in the plans. A community bank followed suit last month, when $2 billion-asset Rockville Financial (RCKB) of Connecticut froze its pension.

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