ERISA Services, Inc.
Hochheiser Deutsch & Co, Inc.
Plumbers Local Union No. 1 Benefit Funds
Loren D. Stark Company
RTD Financial Advisors
Farmer & Betts, Inc.
Kentucky Trust Company
Retirement Plan Consultants
EPIC Retirement Plan Services
Nicholas Pension Consultants
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|Defined Benefit Pension Guarantees-- the Other Social Insurance Crisis|
Carl F. Horowitz on Mises.org
June 17, 2004
Excerpt: [T]he ERISA law enables companies with chronically underfunded plans to receive an implicit subsidy from companies with sound plans. When a company gives employees a pay raise, it pays for the raise immediately. But when the company hikes the employees' pension, it can defer the cost for up to 30 years.
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