Retirement Heist - Ellen E. Schultz - 图书 - Penguin Putnam Inc - 9781591845652 - 2012年10月30日
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Ellen E. Schultz
Retirement Heist Updated edition

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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.

256 pages

介质类型 图书     Paperback Book   (平装胶订图书)
已发行 2012年10月30日
ISBN13 9781591845652
出版商 Penguin Putnam Inc
页数 256
商品尺寸 137 × 203 × 20 mm   ·   204 g
语言 英语  

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