QUESTION: The Wall Street Journal reported last week that FleetBoston Financial Chairman Terrence Murray will receive an annual pension benefit of $5.8 million after he leaves the company at year-end – and that the company will make a $3.5 million contribution to a charity of his choice. Do you consider such payments to be exorbitant and unnecessary or well within the company’s prerogative?
Exorbitant/unnecessary: 53% Within the company’s prerogative: 47%
QUESTION: Should publicly traded companies be required to operate under a salary/benefits cap?
Yes: 20% No: 80%
QUESTION: Which do you expect will represent the majority of your income in retirement?
Personal savings: 73% Company pension plan: 27%
QUESTION: How confident are you that you will have the financial resources you need to live a comfortable retirement?
Very confident: 80% Not at all confident: 0% Unsure: 20%
