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While companies have been busy closing, freezing or even terminating defined benefit (DB) plans for employees, there is one group that still seems to have a guaranteed retirement package awaiting them: CEOs at Standard & Poor’s 500 companies. According to watchdog group The Corporate Library, at least half of the S&P 500 CEOs–some 258 chief executives–are in line to receive about $2.6 billion worth of DB retirement payouts. That’s an average of $10.1 million each–and the numbers may even be higher.

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