so many companies are getting rid of their pensions which they promised employees when they where first hired and leaving people's lives in ruin. I know people should start saving for retirement, instead of relying on companies to pay for their retirement, but companies should be forced to pay pensions that they promised when they began, and if that still can't happen the government should still give people money enough for subsistence. that is not counting social security, which will soon go broke.
2006-07-17 07:32:02 · 4 answers · asked by buhbulman101 2 in Politics & Government ➔ Law & Ethics
The corporations should be held responsible. All they want is to be able to have massive profits to feed their greed and to be able to give way too big bonuses to their CEOs, etc. A lot of people that were affected did actually pay into their retirement plans and most lost all of what they contributed. Only in America can we be ripped of like this. Is this truly a government of the people?
2006-07-17 07:42:00 · answer #1 · answered by diaryofamadblackman 4 · 0⤊ 0⤋
Unless the person was hired under a contract that stated such pension would be paid, no I do not think the company should have to. Quite frankly it comes down to financial responsibility. Instead of the company putting it away for your future, you could do EXACTLY the same thing (and at a better interest rate).
2006-07-17 14:36:03 · answer #2 · answered by cyanne2ak 7 · 0⤊ 0⤋
State`s pensions sock ,firms` policies on employees` retirement is presented ruthless...I really don`t know man
2006-07-17 14:37:43 · answer #3 · answered by Yannis K 3 · 0⤊ 0⤋
that is just wrong if they take it away after offering it as a benefit .
2006-07-17 14:36:48 · answer #4 · answered by Anonymous · 0⤊ 0⤋