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Mergers, Acquisitions And Pension Security
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4 pages in length. Whether deliberate or involuntary, entering into retirement can be an especially distressing time of life as the elderly begin to move toward an unfamiliar lifestyle; after having worked most of their years, suddenly having the opportunity to be guided by interests and passions rather than a paycheck is both thrilling and intimidating at the same time. The tension inherent to this dichotomy quickly subsides for most, however, when they realize their vested pension of thirty years is safe and money will not be a constant concern. For others, Lundell's (2005) article points out how the retirement fund upon which they have counted for decades slips through their hands like loose grains of sand because the company that recently acquisitioned the original business restructured its pension policy by eliminating retirement funds of existing employees in order to infuse the bottom line. Lundell (2005) further notes how such unethical corporate behavior is not necessarily in the company's best interest if all management is focused upon is profit margins. Bibliography lists 4 sources.
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Filename:LM1_TLCpension.rtf |
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Paper Title:
Mergers, Acquisitions And Pension Security
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