7 Reasons You Don't Have a Pension

Here’s why you probably won’t get a guaranteed retirement payout from your employer

February 7, 2011 RSS Feed Print

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You don't live in an area where pensions are prevalent. Employers generally aim to offer retirement benefits that are competitive with other companies in the same geographic area and industry. Private sector pensions are the most common in the middle Atlantic (26 percent) and northeastern (25 percent) United States. Workers in the southern United States are the least likely to have access to traditional pensions.

Twitter: @aiming2retire

Tags:: pensions,; 401(k),; retirement

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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

7 Reasons You Don't Have a Pension

Here’s why you probably won’t get a guaranteed retirement payout from your employer

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7 Reasons You Don't Have a Pension

Here’s why you probably won’t get a guaranteed retirement payout from your employer

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