According to the Wall Street Journal, one-quarter of top executives at major U.S. companies actually had gains in their supplemental executive retirement-savings plans in 2008. By comparison, the 50 million rank-and-file employees at America’s corporations lost a total of at least $1 trillion in the 401(k) plans.
Another Reason to Dislike Wal-Mart
According to the Wall Street Journal, one-quarter of top executives at major U.S. companies actually had gains in their supplemental executive retirement-savings plans in 2008. By comparison, the 50 million rank-and-file employees at America’s corporations lost a total of at least $1 trillion in the 401(k) plans.
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