Author: United States. Congress. House. Committee on Government Operations. Employment and Housing SubcommitteePublisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 80
Book Description
Corporate Raiding of Worker Pension Plans
Author: United States. Congress. House. Committee on Government Operations. Employment and Housing SubcommitteePublisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 80
Book Description
Retirement Heist
Author: Ellen E. SchultzPublisher: National Geographic Books
ISBN: 1591845653
Category : Political Science
Languages : en
Pages : 0
Book Description
Winner of the 2012 Helen Bernstein Book Award for Excellence in Journalism Hundreds of companies have slashed pensions and health coverage for millions of retirees, claiming that a “perfect storm” of stock market losses, aging workers, and spiraling costs have forced them to take drastic measures. But this so-called retirement crisis is no accident. Ellen E. Schultz, an award-winning investigative reporter formerly of The Wall Street Journal, reveals how large employers and the retirement industry have all played a huge and hidden role in the death spiral of American pensions and benefits. A little over a decade ago, pension plans were fat. But companies used slick accounting and dubious loopholes to turn their pension plans into piggy banks, tax shelters, and profit centers. As pensions weakened, companies slashed benefits for workers while doling out gargantuan pensions to their top executives. Drawing on original analysis of company data, government filings, and confidential memos, Schultz uncovers decades of widespread deception during which employers exaggerated their retiree burdens while tricking employees, misleading shareholders, and lobbying for taxpayer handouts.
Employer Asset Reversions from Terminated Pension Plans
Author: United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on LaborPublisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 132
Book Description
Oversight Hearings on the Role of Pension Funds in Corporate Takeovers
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management RelationsPublisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 514
Book Description
Pension Asset Raids
Author: United States. Congress. House. Select Committee on AgingPublisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 300
Book Description
Utilization of Pension Plan Assets in Leveraged Buyouts and Related Transactions
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on OversightPublisher:
ISBN:
Category : Leveraged buyouts
Languages : en
Pages : 168
Book Description
Monthly Catalogue, United States Public Documents
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1328
Book Description
Monthly Catalog of United States Government Publications
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 714
Book Description
Hearing on H.R. 1661, Employee Pension Protection
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management RelationsPublisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 130
Book Description
The Illusory Promise of Retirement Security
Author: United States. Congress. House. Select Committee on Aging. Subcommittee on Retirement Income and EmploymentPublisher:
ISBN:
Category : Economic security
Languages : en
Pages : 168
Book Description