Saturday, January 14, 2006
CNNMoney.com America's pension time bomb
Commentary: Workers, employers, taxpayers, governments. Meet the key players in the coming battle.
By Geoffrey Colvin, FORTUNE senior editor-at-large
January 13, 2006: 11:03 AM EST
NEW YORK (FORTUNE) - Some of the nastiest conflicts in America's future have recently begun to reveal themselves. Let's call them, broadly, the pension wars.
They will be fought on a wide range of battlefields, involving not just workers and their employers but also governments at all levels, regulators, accountants and taxpayers. And these wars will be bitter -- because the combatants will be desperate.
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Pension peril: Securing income for life
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Good riddance to pensions
Corporate pensions are an unstable, unfair and economically perverse means of paying for retirement. (Read column)
Click here to read article.
go to www.shepwave.com for Objective Elliott Wave Theory Analysis covering the Major U.S. Equity Indexes. QQQQ, DIA and S&P 500 Analysis and Trading.Options trading.
By Geoffrey Colvin, FORTUNE senior editor-at-large
January 13, 2006: 11:03 AM EST
NEW YORK (FORTUNE) - Some of the nastiest conflicts in America's future have recently begun to reveal themselves. Let's call them, broadly, the pension wars.
They will be fought on a wide range of battlefields, involving not just workers and their employers but also governments at all levels, regulators, accountants and taxpayers. And these wars will be bitter -- because the combatants will be desperate.
More from FORTUNE
Is Google headed for $2000? Or $100?
Defending pension plans
Judgment day
FORTUNE 500
Current Issue
Subscribe to Fortune
Pension peril: Securing income for life
How to make up for income shortfalls if your company freezes your pension. (Full story)
• Are you ready for 100?
• Calculator: How fast will your savings grow?
Good riddance to pensions
Corporate pensions are an unstable, unfair and economically perverse means of paying for retirement. (Read column)
Click here to read article.
go to www.shepwave.com for Objective Elliott Wave Theory Analysis covering the Major U.S. Equity Indexes. QQQQ, DIA and S&P 500 Analysis and Trading.Options trading.
