Originally Posted By: Salmo g.
Pensions are leading to the collapse of many American companies? Or poor management of pensions is leading . . .

Pensions are part of employees compensation, as in deferred compensation. If pensions are collapsing companies, then those companies really couldn't afford, and shouldn't have been hiring labor with the promise of the deferred comp.




and Ford and GM should have known better.

And if you worked for pacific northwest bell, you pension was stolen. Pension were considered part of the company assets for a long time. Are they now? Pensions are not generally offered anymore to my knowledge.