Should United States corporations honor all prior commitments to employee pensions?
United States corporations should, indeed, honor all prior commitments to employee pensions, just as the employee honored his life long professional commitment to the corporation. When you commit yourself to a company, this includes your family, your house, your car (unless the company provides you with one), your children and your dog. In other words, the company knows you inside and out. You belong to them and feel you should be at their every beck and call, attend every function, maintain rapport with fellow employees and be decent to the boss’s wife, even though, she might be a hag.