Thursday, December 15, 2005

Pensions

Does a company have a right to refuse to live up to an agreement they promised. I believe in great CEO pay, but here is an idea if the CEO's get their retirement then the employees get thiers. I see noting wrong with the CEO making millions but they must understand that the common employees are what make a company great.

For now,
They have to honor thier agreements, if that means slicing CEO retirement.

Future,
All pensions fund have to be 100% funded and every 2-5 years auditors review the funds. PBGC should also increase thier fee's and become more robust.


JJ Glendenning

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