Reply #63: Watching this, [View All]

[tonysam]

and 401(k)s, designed as supplements to pensions, are the biggest bunch of crap ever thanks to companies doing away with real pensions.

The way things are going, the only workers left who will have true pensions will be federal, state, and local employees. Of course, in a number of states, including mine, workers can get shafted out of full Social Security benefits thanks to government pension offset and windfall elimination provision unless they paid into Social Security for 30 years because states opted out of paying into the SS system.