CEOs Get Lavish Retirement Packages While Their Workers Do Without, Report Notes

Posted by | October 30, 2015 | Uncategorized | No Comments

By webadmin@aflcio.org (Monika Greenhow)

Chief executive officers of the nation’s largest companies can look forward to a very comfortable retirement while most working Americans have little or no savings for their old age. The 100 largest retirement funds of CEOs are worth a total of $4.9 billion, or equal to the entire retirement savings of 41% of America’s families, according to a new report released this week by the Center for Effective Government and the Institute for Policy Studies.

Source: AFL-CIO

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