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If a company choose to not prefund its pension when times are good, they can't complain about it when times are bad.
by Aloha 8y ago
If a company choose to not prefund its pension when times are good, they can't complain about it when times are bad.
- sgt101 8y agoAstonishingly in the UK it's actually illegal for companies to do this.
- occamrazor 8y agoIn Switzerland too, with some exceptions for public entities. Still, many pension fund use very optimistic interest rates in their estimates.
- pnutjam 8y agoOnly in the U.S. can managers pretend pensions are a give away and not part of the wage.