In this summary you will learn
- Why companies are dumping defined-benefit pension programs
- How U.S. bankruptcy laws permit pension dumping
- Why the problem of pension dumping persists
|
Why you should read Pension Dumping
|
| Fran Hawthorne began writing about pension dumping in the 1980s 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. You work all your life to put some retirement money together and should be able to count on the promises made to you. However, too many people are finding that those promises were written in disappearing ink. getAbstract recommends reading this book to understand what you are up against, to know what distinguishes defined-benefit plans from defined-contribution plans, and to see why those differences matter. Hawthorne also teaches you why business executives, investors in distressed firms, bankruptcy judges and even union leaders are willing to throw retirees under the proverbial bus to keep companies running. Even if the book is a bit too technical in spots for the average employee who needs to grasp these matters, the subject’s importance should inspire you to embrace and understand the daunting technical terminology of pension legislation and regulation. |
About the Author
|
|
Fran Hawthorne is the author of three previous books and writes on financial issues for The New York Times, Crain’s New York Business and other publications. She first wrote on pension dumping for the publication Institutional Investor in 1983.
|
| Overall |
 |
 (8) |
| Applicability |
|
(8) |
| Innovation |
|
(8) |
| Style |
|
 (7) |
Level of Expertise
(what is this?)
|
| Level |
|
 (4) |
Buy the Book |
| Click here to buy the book "Pension Dumping". If you wish to purchase 20 or more copies of the same title (not the summary, but the "real" book), please contact us at bulkorders@getAbstract.com. Make sure you include the title of the book and your phone number. |
getAbstract makes it easy for you to access the summary of Pension Dumping any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles! |
|
Sample the audio version of Pension Dumping
