Average Fortune 500 CEO gets a pension of $253,088 every month until they die

The average American worker has $95,000 in their 401(k), which will not even allow them to starve with dignity; this is a sharp contrast from earlier generations of American workers, whose employers provided defined-benefits pensions -- but it also is quite a distance from the CEOs of the biggest US companies, whose average pension benefit is $253,088/month. (more…)