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Enron Executives' Benefits Kept on Growing As Retirement Plans of Employees Were Cut

Original publication date: 
Wednesday, January 23, 2002 - 00:00

 

At a time when Enron Corp. was cutting back on its employee retirement plans to save money, executive benefits at the energy company kept getting richer.

Enron Executives Protected Pensions With Partnerships

Original publication date: 
Thursday, February 7, 2002 - 00:00

Enron's bankruptcy may have wiped out most of the retirement savings of most of its workers. But one thing it didn't take away were the pensions of its most senior executives. Financial filings disclose that former Enron Chairman Kenneth Lay, for one, used a private partnership to protect millions of dollars worth of executive pension benefits.

Companies Cash In on Tax Breaks From Employee Retirement Plans

Original publication date: 
Thursday, January 31, 2002 - 00:00

 

Rosel Patton, a 49-year-old switch engineer in Marlboro, Mass., doesn't realize it, but when she saves for retirement by contributing to her 401(k), she's also helping her company save money.

Deferred-Pay-Plan Proposal Still Leaves Some Loopholes

Original publication date: 
Friday, October 11, 2002 - 00:00

Until recently, executive deferred-compensation plans largely escaped scrutiny by regulators. That changed after Enron Corp. filed for bankruptcy late last year, and court documents showed that some Enron executives had withdrawn millions of dollars from their accounts just before the Chapter 11 filing.

Companies Tap Pension Plans To Fund Executive Benefits

Little-Known Move Uses Tax Break Meant for Rank and File
Original publication date: 
Monday, August 4, 2008 - 00:00

At a time when scores of companies are freezing pensions for their workers, some are quietly converting their pension plans into resources to finance their executives' retirement benefits and pay.

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