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To: Wyätt Gwyön who wrote (17506)	2/18/2004 3:53:19 PM
From: ild	Read Replies (2) \| Respond to of 306849

Do you expect that majority of recipients of Defined Benefit Pensions will actually be able to collect on them?

To: Wyätt Gwyön who wrote (17506)	2/18/2004 5:21:58 PM
From: Oblomov	Respond to of 306849

The recipients don't hold the pension fund assets. The assets are held by the company, just like 401(k) assets.

To: Wyätt Gwyön who wrote (17506)	2/18/2004 7:58:46 PM
From: Tommaso	Read Replies (1) \| Respond to of 306849

>>Defined Benefit Pensions are probably much more prevalent among the older age groups<< I would like to know the exact figures. I am on a defined benefit pension, and would be getting a lot more if I had had control of it during the 1970s and 1980s. But then the managers discovered high tech about 1998 and managed to lose billions of do0llars, but I still get what I was promised. So at least I know where I am. So I just consider this as my conservative core income that leaves me free to take on a lot more risk with my own money. Seems to work OK.