|
fiction, drummers tools, children, john craven, weigh, live jazz, email, restaurant, office software, hawtin, garfield catalog, personal finance investing, the cat, comics & graphic novels,
|
the details of these retirement plans become headline news, thanks to a particularly nasty divorce or a tussle with regulators, or both.In September, for example, General Electric settled with kgotv the Securities and Exchange Commission for failing to adequately kgotv detail the retirement perks lavished on former Chairman Jack Welch, who retired in 2001. Welch’s lifetime benefits, which were first revealed by his soon-to-be ex-wife Jane in divorce filings, include:Unlimited access to company jets, which the SEC says amounted to $1.2 million in Welch’s first year of retirement.Exclusive use of a New York City apartment worth $50,000 a month.A kgotv chauffeured limousine and a leased Mercedes-Benz.Offices in New York and Connecticut.Free consultations with estate-planning and tax advisers.A personal assistant.Television, fax, phone, computer and security systems at his four homes.Bodyguards for his speaking engagements and book tours.The SEC estimated the total package was worth $2.5 million in the first year alone and said GE should have disclosed the details in its annual reports.
|
