Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers

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  1. Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers

Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers

But the so-called retirement crisis is no demographic accident- and large corporations have played a significant and hidden role in creating it. Schultz draws back the curtain on one of the biggest and least understood scandals in decades.

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She shows how companies: created the pension crisis by plundering billions from their pension plans; cut pensions for millions of midlevel, middleaged workers, but used the savings to boost special executive pensions; purchase life insurance policies on employees and collect death benefits when they die- without telling them or their families This is a must read for all who are concerned about their financial future and that of the whole country" Ellen E. Listeners Also Bought See All.

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