Retirement Heist

Download or read book Retirement Heist written by Ellen E. Schultz and published by Penguin. This book was released on 2012-10-30 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2012 Helen Bernstein Book Award for Excellence in Journalism Hundreds of companies have slashed pensions and health coverage for millions of retirees, claiming that a “perfect storm” of stock market losses, aging workers, and spiraling costs have forced them to take drastic measures. But this so-called retirement crisis is no accident. Ellen E. Schultz, an award-winning investigative reporter formerly of The Wall Street Journal, reveals how large employers and the retirement industry have all played a huge and hidden role in the death spiral of American pensions and benefits. A little over a decade ago, pension plans were fat. But companies used slick accounting and dubious loopholes to turn their pension plans into piggy banks, tax shelters, and profit centers. As pensions weakened, companies slashed benefits for workers while doling out gargantuan pensions to their top executives. Drawing on original analysis of company data, government filings, and confidential memos, Schultz uncovers decades of widespread deception during which employers exaggerated their retiree burdens while tricking employees, misleading shareholders, and lobbying for taxpayer handouts.

Download or read book The Last Job: "The Bad Grandpas" and the Hatton Garden Heist written by Dan Bilefsky and published by W. W. Norton & Company. This book was released on 2019-04-23 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[Bilefsky] is a brisk, enthusiastic storyteller.… [A] meticulously researched procedural.” —Laura Lippman, New York Times Over Easter weekend 2015, a motley crew of six aging English thieves couldn’t resist coming out of retirement for one last career-topping heist. Though not the smoothest of blokes, these analog crooks in a digital age managed to disable the Hatton Garden Safe Deposit’s high-security alarm system and drill through twenty inches of reinforced concrete, walking away with a stunning haul of at least $21 million in jewels, gold, diamonds, family heirlooms, and cash. Dan Bilefsky draws on unrivaled access to the leading officers on the case at Scotland Yard, as well as notorious figures from London’s shadowy underworld, to offer a gripping account of how these unassuming masterminds nearly pulled off one of the greatest heists of the century.

Download or read book The Labor Guide to Retirement Plans written by James W. Russell and published by NYU Press. This book was released on 2021-11-22 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Researching retirement plans should not take the rest of your life, even if deciphering the relevant paperwork seems to have become a full-time job. Deliberately elaborate legalese is obscuring the efforts of financial elites to seize control of workers' collective retirement savings-and The Labor Guide to Retirement Plans is here to translate. In theory our national pension system, Social Security, should function well as a form of social insurance delivering partial retirement security, while workplace 401(k)s provide the rest. The problem is that very few do. Indeed, most workers have weak workplace retirement plans if they have them at all-and about half do not. Neoliberal retirement reforms have made matters worse, accelerating financial elites' efforts to replace workers' guaranteed pension plans with weak 401(k)-like savings accounts and stock market investment schemes and ultimately enabling financial elites to seize control of workers' collective retirement savings. The result is arguably the largest source of labor value expropriation over the last four decades. In light of all this, what do workers need to know as they assess their future prospects-especially in terms of the security their retirement plans may or may not bring? What should union activists keep in mind as they push for the national and workplace reforms needed to produce greater retirement security? This nuts-and-bolts book provides a much-needed demystification of the retirement system. Even more than that The Labor Guide to Retirement Plans enables us to take charge of our own personal futures, as a first step towards taking back what belongs to us all"--

Download or read book The Role of Social Security, Defined Benefits, and Private Retirement Accounts in the Face of the Retirement Crisis written by United States. Congress. Senate. Committee on Finance. Subcommittee on Social Security, Pensions, and Family Policy and published by . This book was released on 2013 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Carpetbagging America’s Public Schools written by Curtis J. Cardine and published by Rowman & Littlefield. This book was released on 2017-12-13 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carpetbagging America's Public Schools probes the financial intrigue underlying the charter school industry. This book is a forensic accounting analysis of the financial effects of twenty years of charter schools and vouchers on the publics investment in public education. Written from an insider’s perspective by an early advocate for charter schools, the work exposes the underbelly of the radical deregulation of our public schools.

Download or read book The Age of Agile written by Stephen Denning and published by AMACOM. This book was released on 2018-02-08 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: An unstoppable business revolution is under way, and it is Agile. Sparking dramatic improvements in quality, innovation, and speed-to-market, the Agile movement has helped companies learn to connect everyone and everything…all the time. With rapidly evolving consumer needs and technology that is being updated quicker than ever before, businesses are recognizing how essential it is to adapt quickly. The Agile movement enables a team, unit, or enterprise to nimbly acclimate and upgrade products and services to meet these constantly changing needs. Filled with examples from every sector, The Age of Agile helps you: Master the three laws of Agile Management (team, customer, network) Embrace the new mindset Overcome constraints Employ meaningful metrics Make the entire organization Agile Companies don’t need to be born Agile. With the groundbreaking formulas laid out in The Age of Agile, even global giants can learn to act entrepreneurially. Your company’s future may depend on it!

Download or read book The Market for Retirement Financial Advice written by Olivia S. Mitchell and published by Oxford University Press, USA. This book was released on 2013-10 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest volume in the Pension Research Council series examines the financial advice profession as financial literacy becomes increasingly necessary for those saving for retirement.