Pensions are far from perfect. But there's got to be a happy medium between a corporate sector that's sitting on a cash hoard of $4.75 trillion — money neither being reinvested or distributed to shareholders — and a workforce woefully unprepared for retirement. Surely some of those powerhouses can spare some change to help break the socioeconomic freefall that awaits far too many of their employees in retirement.
: The Editorial Page
, Wall Street, Federal Reserve