The Impact of Pension Costs on Corporate Performance
Abstract
Highlighting the likely development of substantial actuarial deficits in pension funds providing final salary‐linked retirement benefits, this paper draws attention to the very real dangers of unfunded pension liability. It identifies the drain on the corporate life blood of maintaining present levels of pension fund contributions, and argues for the return to the state scheme of contracted‐out pension schemes.
Citation
Fanning, D. (1980), "The Impact of Pension Costs on Corporate Performance", Managerial Finance, Vol. 6 No. 3, pp. 33-42. https://doi.org/10.1108/eb013474
Publisher
:MCB UP Ltd
Copyright © 1980, MCB UP Limited