All Commentary
Monday, January 9, 2006

Company Pensions Head Toward Extinction


“Even strong, stable companies with the means to operate a pension plan are facing longer worker lifespans, looming regulatory and accounting changes and, most important, heightened global competition. Some are deciding they either cannot, or will not, keep making the decades-long promises that a pension plan involves.” (New York Times, Monday)

But for the tax laws, would there be company pensions?

FEE Timely Classic
“Will Retirement Become a Personal Responsibility?” by Lawrence W. Reed