What are Corporate Pension Liabilities?
质疑了养老金分析中常见的隐性劳动合同假设，例如认为与最终工资挂钩的福利能抵御通胀，并探讨了将养老金负债视为其他公司负债的分析方法。
Analyses of corporate pension plans often make unstated assumptions about an implicit labor contract. An example of the effect of such an assumption is that many mistakenly believe that if a worker's benefits are tied to final salary, he is protected against inflation until retirement. Also, the value of a worker's claims is often considered to be independent of the status of the firm's pension fund. These “implicit contract†assumptions are examined and questioned. The implications of analyzed pension liabilities in a manner consistent with the analysis of other corporate liabilities are explored.