GE's Welch, Other Executives Enjoy Retirement Perks

For retired General Electric Co. Chairman and Chief Executive Officer Jack Welch, like many others who once led large U.S. companies, these are the golden years.

Welch gets a $9 million annual pension. Each day he offers General Electric some advice he earns another $17,000. He was able to build his nest egg by putting part of his salary into an account on which the world's largest company by market value guaranteed 10 percent annual interest.