“We're taking these actions to better control retirement plan expenses, position the company for business growth and competitive strength, and preserve employees' earned retirement benefits. We also believe these are prudent and balanced steps at a time of uncertainty and conflicting legislative and regulatory directions about defined-benefit retirement plans in the United States.”
Randy MacDonald
“We're taking these actions to better control retirement plan expenses, position the company for business growth and competitive strength, and preserve employees' earned retirement benefits, while instituting a leading-edge 401(k) plan that will be one of the richest in the country and a standard in the United States. We also believe these are prudent and balanced steps at a time of uncertainty and conflicting legislative and regulatory directions about defined benefit retirement plans in the United States.”
“These companies should, touch wood, have a guaranteed growth pool, because people will have to save more for their retirement.”
Colin Morton
“When a man retires and time is no longer a matter of urgent importance, his colleagues generally present him with a watch.”
Contributed by: Dafna Sharon
R.C. Sherriff
“The most unfair thing about life is the way it ends. I mean, life is tough. It takes up a lot of your time. What do you get at the end of it? A Death! What's that, a bonus? I think the life cycle is all backwards. You should die first, get it out of the way. Then you live in an old age home. You get kicked out when you're too young, you get a gold watch, you go to work. You work forty years until you're young enough to enjoy your retirement. You do drugs, alcohol, you party, you get ready for high school. You go to grade school, you become a kid, you play, you have no responsibilities, you become a little baby, you go back into the womb, you spend your last nine months floating......and you finish off as an orgasm.”
George Carlin
“Retirement - Because you've given so much of yourself to the company that you don't have anything left we can use.”
Larry Kersten
“In our business, Shirley and I don't have a retirement fund to count on in our later years. We're both hoping that the royalties we get will help support us after we retire.”
Jude Pohl