Shenandoah Telecommunications Co ., Edinburg, Va., will freeze its...

Shenandoah Telecommunications Co., Edinburg, Va., will freeze its $12.8 million pension plan to all employees, effective Jan. 31, according to Earle A. MacKenzie, executive vice president. Current employees will have the option of rolling over their money into the company's enhanced $7.25 million 401(k) plan. Shenandoah will make an additional contribution of 5% of the employees' annual salaries; the company now matches the first 3% of employee contributions, up to 4% of salary, Mr. MacKenzie said.