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To: Bald Eagle who wrote (224890)2/4/2002 2:20:26 PM
From: TigerPaw  Read Replies (1) | Respond to of 769668
 
I am already qualified to draw two pensions
Do you mean pension, or tax deferred compensation? In the last 20 years I have seen many companies drop their pensions for 401K or similar plans.
TP



To: Bald Eagle who wrote (224890)2/4/2002 2:24:05 PM
From: goldworldnet  Respond to of 769668
 
You are fortunate. Most retirement plans are now 401k based. The problem with this system is that it is far too dependent on the stock market.

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To: Bald Eagle who wrote (224890)2/4/2002 6:04:46 PM
From: George Coyne  Respond to of 769668
 
Agree, Baldy. I believe almost all reputable, reasonably large companies provide a pension based on years of service after five years of service. You do have to contribute something in most cases, but it is still a good deal.


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