It makes you wonder who dreams up this stuff. The purpose of a pension is to defer a percentage of payroll payments until later, to keep operating capital highe

It makes you wonder who dreams up this stuff. The purpose of a pension is to defer a percentage of payroll payments until later, to keep operating capital higher during critical business periods. If you just have the money sitting in the bank doing nothing, you can just pay the employees up front and don't need to worry about having pension plan at all.