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Posted by: Michael Mandel on July 19
In today’s WSJ, there was an article which said in part
Motorola subtracts from a monthly pension payment half the amount of a retiree’s monthly Social Security check. This is legal, and about half of companies that pay pensions do it.
????? You know, this is the first I’ve ever heard of this. Truly weird.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.