TITLE

Is your pension secure?

PUB. DATE
May 2008
SOURCE
Consumer Reports Money Adviser;May2008, Vol. 5 Issue 5, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses how changes in pension coverage might upset expectations for retirement income. The entry notes varying retirement options available for American workers from traditional pension plans to defined-contribution plans. In spite of these, analysts infer that some workers covered by private corporate pensions might end up receiving less in retirement than what they expect. Pension freezes, cash-balance conversions, and social security cuts are identified as problem scenarios for workers in the private sector.
ACCESSION #
31551313

 

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