Last login: Friday, August 2, 2013
Harry-- You're misinformed in your statement that "no private compainies offer protected retirement pensions." (not quite sure what you mean by "protected") There are many, albeit a declining number, of private companies that provide defined benefit pensions to their employees. I'm fortunate enough to be a participant of one.
It's important to know that the significant decline in pension programs was the brainchild of Wall Street bankers/brokers who forsaw enormous profits with the rise of 401K type retirement plans which funneled funds through their operations.
August 2, 2013 at 12:59 p.m.
( permalink | suggest removal )
© 2015 KPBS Public Broadcasting