7 Reasons You Don't Have a Pension

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does a company have the right to medical separate u 5 days before u r invested in the pension while u r on sick leave

derrick adams of TX 12:03PM March 19, 2013

8th reason: Large corporations continue round after round of layoffs, even though you're working hard and doing everything that is asked of you, and even after the CEOs have just awarded themselves yet bigger pensions, pay, and perks. One day you find your self with a cardboard box being escorted out of the gate. This is after your Indian H1B replacement showed up the week before, and after you trained him/her. This happens, amazingly enough, 2 months before you were to vest into your pension or 401k.

dave smith of NE 4:09PM November 08, 2012

my mother has worked for a private nursing company for just about 30 years and she is 67 years old and is tired of working. The problem is she has no type of retirement from this company. This company is under new management and has cut her pay rate by over half, not only that this company has offered the employees with three years or less a pension,but refuses to offer it to my mother because they claim that they will have to pay her back from the 1980's. My question is to anyone that has information on how to go about making an effort for this company to compensate for a lifetime of service. My mother collects social security,which is enough for her rent,that is her only source of income besides the hours that she puts in at her job. PLEASE HELP INFORMATION IS TRULY NEEDED!!!

james davis of NJ 11:15AM July 01, 2012

Number 1 reason pension plans are disappearing: Globalization!!!
We can keep our pension plans and remain competitive against other countries! Globalization is pushing the middle class to the same level of China, that is the only way we can compete.

Victor of CA 3:34PM June 11, 2012

Article fails to mention free trade policies as a reason for lack of pensions

Bob A Bowie of MD 12:14PM June 11, 2012

I have worked both union and non and I must tell you it is crazy not to join a union in ANY field you are in, the benis are beyond anything you will get by non union companies and your pension follows you from company to company

miked of MT 4:50PM October 21, 2011

Illegal aliens live for free off of my sweat. I subsidize their hospital bills, utility bills, food bills, housing bills. Our government is encouraging, promoting, low income immigrants and ignoring our cries to stop it. The reason? To lower wage rates for everyone. The reason? To increase wealth of business owners and solidify a two-class society, Upper and Lower. Guess which the average joe will be in. Our government is not ours anymore, they ignore us, they do what the business owners want and listen to $1,000-a-plate dinner guests and lobbyists. Then they leave me with nothing to retire on but making too much money to participate in low income programs. Thanks alot. I'm voting against every single incumbent. That's my last-ditch effort to save myself.

average joe of CA 1:57PM June 29, 2011

Another thing I just realized I wish I had raised chickens instead of children.

H of TX of TX 12:39AM February 26, 2011

The only people who are really benefitting from all of these SS and other government freebees are the illegals. Yes the illegals, now do not tell me these people can't get any SS or etc. Yes they can and do. Just go to any SS office on a given day and see all of these leaches applying for some kind of benefit or another. I could not believe until I saw it for myself. Our own government gives them money, food stamps, housing and medical care for free. How can someone who has never worked get disabilty? Disability from what? If they never worked in the first place why are they getting disabilty. It made me so mad when I applied for SS only to be told that I could only get no more than $255 a month on my ex-spouse income because I was to stupid and stayed home to raise my children so I did not work enough to have some on my own, yet these people who never paid a penny into our system get much, much more that I ever will. I'll probley die from a heart attack because I am so angry. Now at my age I tried to get an education to help myself, but no one will hire an old person.

H of TX 6:06PM February 14, 2011

Thank ronald ray-gun for the lousy pension situation. Because of him, millions and millions of Americans will have to work well into their 70s and many millions will croak before ever retiring. Pensions disappeared during Ray-gun's era because he didn't want industry to have to worry about human beings...employees! Also, rightwing Ray-gun nut jobs thought, and continue to think, that "individuals" are better able to plan for and save for their future than the monster-government...so they defunded Social Security at the same time they told hardworking Americans to start up their own 401k's in place of company pensions. Americans know nothing about stocks and 401k's, so they are in a heap of trouble. THEN Ray-gun's uber-wealthy, heartless cronies in the banks screwed Americans while babybush turned a blind eye (laisser-faire, you know;-). From Ray-gun to babybush, this proud nation has been plundered by the wealthy, business, and banks...and we need a pitchfork revolution to put them in their place.

CaseyInLauderdale of FL 3:52PM February 12, 2011