Reply #7: Tell them about the Dead Peasants policies at WalMart [View All]

[WA98296]

In Wasthington we are working on legislation that prevents one of WalMarts not-so-famous tricks.

According to my legislator, WalMart likes to purchase life insurance policies on their employees . These policies are purchased without the knowledge or consent of the employees. WalMart is able to purchase these policies on some sort of great deal because they buy in such volume! Currently proceeds (upon the employee's death) are used to fund individual executive bonuses. That is WHY there are so many elderly hired.

Here is a link: http://hdc.leg.wa.gov/members/ericks/20050208_deadpeasants.asp

Tax payers end up subsidizing WalMart costs because the employees end up in the "system" to get health care and even food stamps. WalMart TRAINS their employees how to receive food stamps and health services on the backs of tax payers rather than provide insurnace and compensation.