The diversified investments have fared poorly in the recession, and Tucson Electric is shedding them.
But individuals may come up short (if their investments fare badly) and live out poorer retirements.
The plan's major selling point is that workers come out ahead no matter how poorly their investments fare.
Dr. Moel's investments fare better these days, even in the aftermath of the Oct. 19 stock market collapse.
Mr. Caraco, 69, shrugged when asked how his own investments had fared on Monday.
The investment in Chrysler would also have fared well, now being worth $342.25.
Rather, investments by the pension funds have fared poorly in recent years.
All workers would receive at least as much as promised under the current system, regardless of how well their investments fared.
Their many investments in Indonesia, Malaysia, Singapore and the Philippines fared nearly as poorly.
My modest investment in Narragansett did not fare too well the first year I owned it; 1984 saw a retrenchment in the booming bull market.