New PDF release: Corporate Retirement Security: Social and Ethical Issues

By Robert W. Kolb

ISBN-10: 1405150483

ISBN-13: 9781405150484

ISBN-10: 1405181265

ISBN-13: 9781405181266

This quantity collects the contributions of a few assorted and unusual students to mirror upon the subject of company retirement protection within the usa. Contributes to the general public coverage debate about the securing of enough retirement money displays the current discussions and disagreements concerning the so much primary facets of the employment dating geared up into 3 sections, this quantity specializes in moral concerns in 401-k constitution, 401-k adjustments, and making an investment in 401-k money encompasses a thorough and orienting creation to the topic

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Extra info for Corporate Retirement Security: Social and Ethical Issues (Leeds School Series on Business and Society)

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East Lothian, Scotland: Tuckwell. 3 Lewin (2003, p. 23). 4 Lewin (2003, pp. 175–177). 5 Blackburn, R. (2002). Banking on Death or, Investing in Life: The History and Future of Pensions (pp. 39–43). London, UK: Verso. 6 Steven, A. S. (1997). The Promise of Private Pensions (p. 6). Cambridge: Harvard University Press. 7 As the pension system grew the railroads took the lead; by 1905, 35% of railroad employees, almost half a million workers, were covered by pension plans. 9 The modern pension system grew out of the union movement.

4 Lewin (2003, pp. 175–177). 5 Blackburn, R. (2002). Banking on Death or, Investing in Life: The History and Future of Pensions (pp. 39–43). London, UK: Verso. 6 Steven, A. S. (1997). The Promise of Private Pensions (p. 6). Cambridge: Harvard University Press. 7 As the pension system grew the railroads took the lead; by 1905, 35% of railroad employees, almost half a million workers, were covered by pension plans. 9 The modern pension system grew out of the union movement. In 1946 the United Mine Workers went on strike to demand an industry-wide pension.

Most contain “at will” provisions. Many imply or entail imperfect obligations or promises of employment conditions and benefit opportunities that permit revision or abrogation of the contract agreement under conditions of exigency, however specified or implied. Pension plans are ordinarily explicitly spelled out in employment contracts and agreements. Pension plans, like other employment agreements, unless otherwise specified, can be altered or even stopped. However, while this and other employment agreements are by and large revisable promises that entail imperfect moral obligations, I shall argue that sidestepping pension payouts to existing plans to which contributions have already been made is a violation of a perfect moral obligation, that is, it is just wrong.

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Corporate Retirement Security: Social and Ethical Issues (Leeds School Series on Business and Society) by Robert W. Kolb


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