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Many have laid the blame for this collapse on the usual bogeys: a strong dollar, high pension costs, weak marketing.
"There's an emphasis on individual freedoms and rights and responsibilities versus collectivism — although I admit we will never have high pension coverage without some form of mandate".
In some cases, states have been forced to cut public employees because of unduly high pension benefits, and we have supported state efforts to reduce those pensions.
It filed for bankruptcy protection in January 2012, weighed down by high pension costs and a delay of years in embracing digital camera technology.
Blame was placed on a number of things: high pension costs, changing tastes, and a weak economy, to name a few.
The chairman, Sir Charlie Mayfield, said the fall in profit was down to high pension charges and lower property earnings, without which profit was up 7%.
Similar(34)
They can have low tax, high pension-relief handouts while shrinking tax credits for the poor – and still feel good about being Tory.
Now add this curiosity: the possibility that thousands of retired Chicago teachers are benefiting from erroneously high pensions.
Nor can it reverse the deteriorating state fiscal crisis caused by weak economies and exacerbated by insanely high pensions and out of control spending policies.
These three elements in the model determine the minimum length of working life and the condition to qualify for higher pension benefits when an individual reaches pensionable age.
Why do the rich enjoy higher pension saving subsidies?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com