Retirement Heist
Автор:
Schultz EllenЖанр:
Экономика и финансы;Серия:
3Дата добавления:
2013-11-28Язык книги:
EnglishКол-во страниц:
61
“‘As far as I can determine there is only one solution [to the CEO’s demand to save more money]’, the HR representative wrote to her superiors. ‘That would be the death of all existing retirees.’” It’s no secret that hundreds of companies have been slashing pensions and health coverage earned by millions of retirees. Employers blame an aging workforce, stock market losses, and spiraling costs- what they call “a perfect storm” of external forces that has forced them to take drastic measures. But this so-called retirement crisis is no accident. Ellen E. Schultz, award-winning investigative reporter for the Wall Street Journal, reveals how large companies and the retirement industry-benefits consultants, insurance companies, and banks-have all played a huge and...
