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Target CEO $47 million retirement reveals divide

The gap in the workplace between the highest and lowest paid has been growing for years. Far less noticed has been the growing gulf in retirement pay.

By Carol Hymowitz, Margaret Collins | Updated on January 05, 2015
(AP Photo/Target Corp., Johansen Krause, File)

(Bloomberg) — The gap in the workplace between the highest and lowest paid has been growing for years. Far less noticed has been the growing gulf in retirement pay.

While the very top often continue to receive executive pensions as well as other benefits, most workers are left only with their 401(k) plans.

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