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Pension plans debate
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<blockquote data-quote="kmjs14" data-source="post: 791884" data-attributes="member: 29806"><p>That's what I'm thinking as well. I was planning on building a private investment account and then when retirement arrives with SS and the pension are still around, well then that is just an added bonus. There are no guarantees in life but it would be nice to have both in old age. What I have seen from one other large corporation that had a pension plan, was that it stopped contributing to its current employees and there was no pension for new hires. So its employees would have something when they retired, just not as much as they would have hoped.</p></blockquote><p></p>
[QUOTE="kmjs14, post: 791884, member: 29806"] That's what I'm thinking as well. I was planning on building a private investment account and then when retirement arrives with SS and the pension are still around, well then that is just an added bonus. There are no guarantees in life but it would be nice to have both in old age. What I have seen from one other large corporation that had a pension plan, was that it stopped contributing to its current employees and there was no pension for new hires. So its employees would have something when they retired, just not as much as they would have hoped. [/QUOTE]
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