New book on pension woes in US

New Book Tackles Pension Troubles in America

From Seniors Advocate, March 2008

Older Americans face an uncertain retirement thanks to a new U.S. Equal Employment Opportunity Commission (EEOC) ruling (see front page) and corporations that fall back on promises to provide their workers with the deferred compensation they earned in their working years.

A new book by Thomas J. Mackell, When the Good Pensions Go Away, proposes a dramatic overhaul to current U.S. legislation, among other changes, in order to ensure Americans can retire comfortably.

Mackell is the chairman of the board of directors for the Federal Reserve Bank of Richmond, and president of the Association of Benefit Administrators. He is recognized as an expert in the U.S. pension and healthcare systems.

When the Good Pensions Go Away, published by John Wiley & Sons, Inc, is due out in bookstores in March 2008, and available at a 32% discount to retirees on www.amazon.com.