A Preview of the U.S. Without Pensions
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Jan. 3, 2018 | RETIREMENT SECURITY | The way major U.S. companies provide for retiring workers has been shifting for about three decades, with more dropping traditional pensions every year. The first full generation of workers to retire since this turn offers a sobering preview of a labor force more and more dependent on their own savings for retirement. […] The Washington Post found in a review of 998 workers, that even though most of them found new jobs, they could never replace their lost pension benefits and many are facing financial struggles in their old age: 1 in 7 has in their retirement years filed for bankruptcy, faced liens for delinquent bills, or both, according to public records. The Washington Post Related – Hoffa: It’s time to protect pensions
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