Doug Friske, global head of executive-compensation consulting for TowersWatson, expects total CEO compensation to rise a "couple percentage points" this year.
Schieber, retired director of research at benefits consulting firm TowersWatson and author of The Predictable Surprise, The Unraveling Of the U.S. Retriement System.
The surest sign trouble lies ahead for pensions is the recent effort by some of the largest actuarial and pension consulting firms, including Milliman, Towers Perrin and Watson Wyatt, to coerce their pension clients to agree to limitation of liability (LOL) provisions in their contracts.