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Think CEO Pay Is Outrageous? Get a Load of CEO Retirement Plans
New Republic Magazine
[Opinion] May 18, 2023 "According to the IPS report, in 2022 one financial firm saw a 33 percent increase in the number of its clients offering top hat funds.... Whatever you call them, they're an outrage. There are technical ways Congress can limit their growth.... A difficulty is that corporate promises to pay out make top hat funds hard to distinguish legally from more legitimate deferred-compensation arrangements like merit bonuses or royalties or payment on completion of a construction project." |
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