Retirement heist

"Retirement Heist" Ellen Schultz 2011
If you think that your pension is in some company 'lockbox' and can't be stolen from you, think again. Delta Airlines pilot Denis Waldron was getting $1939 a month. After bankruptcy proceedings, Waldron was getting $95 a month. The rest went to Delta executives and creditors. All of it went legally.

If you live in Los Alamos, retired from Los Alamos National Laboratory, and are getting your pension through LANS, you really need to read this book. You will not like what you read, but you will realize that many of the events portrayed in corporate America are also occurring or have occurred in government owned, privately managed facilities.

There are strategies to protect yourself. The book gives an introduction to them.