[Kozak]

Traditional employer-paid pension plans, giving retirees a fixed monthly amount based on salary and years of employment, are now estimated to be underfunded by as much as $450 billion. That could jeopardize the retirement security of millions of Americans, lawmakers have warned.

Now why do I have a feeling that my IRA and 401K are going to be "shared" with quite a few people to make up for this shortfall?

[glorgau]

Now why do I have a feeling that my IRA and 401K are going to be "shared" with quite a few people to make up for this shortfall?

Yep, the "rich" are just exploiting the poor workers.

[Tymesup]

Now why do I have a feeling that my IRA and 401K are going to be "shared" with quite a few people to make up for this shortfall?

It's not legal (yet) to make you share with other people directly. A little bit of inflation will have you sharing indirectly, though.

This protection of your pension account is why OJ was able to keep his pension, btw.