And women are less likely to hold jobs that include company pensions than are men.
What is more, alone among the principal sources of income for people over 65, company pensions failed to keep up with inflation in the 1980's.
Unlike 401(k) plans, traditional company pensions are guaranteed by the federal government.
I have that much in the company pension plan.
Ergo, a $20,000 future company pension represents $200,000 in present wealth.
What happens to your company pension when you die?
About half the American work force is covered by some sort of company pension.
Under Federal law, a company pension covering the owner must also cover other employees.
On the other hand company pensions are only favourable for those with permanent highly paid jobs.
By way of example, I would like to mention the pension fund directive on company pensions.