Includes bibliographical references and index.
|LC Classifications||HD7105.45.U6 H39 2008|
|The Physical Object|
|LC Control Number||2007050623|
"Underfunded Pensions, Pension Dumping, and Retirement Security: Pension Funds, the Pension Benefit Guarantee Corporation (PBGC), Bailout Risks, Impact on the Federal Budget, and the Pension Protection Act of ," part of the Government Series from Publish your book Pages: Pension Dumping: The Reasons, the Wreckage, the Stakes for Wall Street. By Fran Hawthorne, New York, NY, Bloomberg Press, , pp., $/hardback. Traditional pension plans, often referred to as "defined benefit" plans, are becoming less common in . Pension Dumping is a carefully reported, lucidly written analysis, using case studies and insightful interviews, that even offers some thoughts about a solution. This is a book that should be read and studied by everyone in the pension area. Fran Hawthorne began writing about pension dumping in the s and her expertise is evident. In this excellent book, she provides clear explanations about why pension dumping exists, why the practice will continue, and how the laws and organizations created to protect workers against pension dumping often abet it instead.8/10().
The Pension Benefit Guarantee Corporation (PBGC) is a federal corporation created by ERISA. It currently protects the pensions of nearly 44 million American workers and retirees in more t private single-employer and multiemployer defined benefit pension plans. PBGC receives no funds from general tax revenues. Pension Dumping is already garnering praise. Here is what some advance readers had to say: "Will retirement security be an oxymoron for most Americans? Fran Hawthorne's Pension Dumping offers a clear-eyed, provocative look at the critically important world of pensions. Fran Hawthorne documented the trend in her book “Pension Dumping.” She says that companies think there is no cost in doing this to retirees, . Underfunded Pensions Pension Dumping And Retirement Security Pension Funds The Pension Benefit Guarantee Corporation Pbgc Bailout Risks Impact And The Pension Protection Act Of Author: + Subject.
The book is set out in 12 chapters, tracing the development of the PBGC from its inception in to the introduction of the Pension Protection Act in the United States in It highlights the problems surrounding the PBGC and the way in which defined benefit provision in the United States was progressively undermined. PENSION DUMPING by Fran Hawthorne, , available at Book Depository with free delivery worldwide. Pension dumping Pension Dumping: The Reasons, the Wreckage, the Stakes for Wall Street. By Fran Hawthorne, New York, NY, Bloomberg Press, , pp., $/hardback. Traditional pension plans, often re-ferred to as "defined benefit" plans, are becoming less common in today’s work environment. According to the BLS. I just did my first book talk for "Pension Dumping," at BookCourt bookstore in Brooklyn, N.Y., and judging by the tumult of questions from the audience, people are really, really scared about retirement. They are angry if their companies don't offer a pension and disdainful of (k) plans.