I think there is an aweful lot of handwaving that goes on... Largely the justification for owners of equity get rewarded for taking a risk, and the employees g

I think there is an aweful lot of handwaving that goes on... Largely the justification for owners of equity get rewarded for taking a risk, and the employees get wages less than the full value of their output because they take no risk. If they are taking no risk, then any pension plan should also be risk free, not a hidden tie-in to the risk used to justify their pay.