Abstract

Sham Pension Reform

Borosage, Robert L. | October 7, 2002 issue

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The article examines the pension reform bill proposed by U.S. President George W. Bush and Congress. It claims that the bill will deprive millions of workers of billions in corporate contributions to retirement plans. It discusses the House pension reform bill, which requires companies to provide benefits to employees as well as executives in order to qualify for tax subsidies for their retirement plans. The impact of the proposed bill on retirement plans and the employees' right to hold company stocks are also explored.

See Also:

BILLS, Legislative; PENSIONS -- Law & legislation; PENSIONS -- United States; INCOME tax deductions for retirement contributions; POSTEMPLOYMENT benefits; UNITED States
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