4 ms·
So what's the alternative? Corporations don't have the ability to fund pensions any longer. Margins and benefits have thinned out. The numbers on how many have
by rubyfan 10y ago
So what's the alternative? Corporations don't have the ability to fund pensions any longer. Margins and benefits have thinned out.
The numbers on how many have retirement accounts are quite scary. Who's going to be there to fill that shortfall, social security? Doubtful it'll be there for anyone under 50.
- up_and_up 10y ago> Corporations don't have the ability to fund pensions any longer. Margins and benefits have thinned out. That's true. Interesting then that executive pay, golden parachutes etc keep climbing...
- maxxxxx 10y ago"Corporations don't have the ability to fund pensions any longer." They don't have the willingness. They could fund them if they wanted to. Maybe some super generous pension plans would have to be cut back. Just look at a lot of execs. They get life-long pensions.