[Alberta's Child]

Very interesting article. I think it's worth noting that something like nine of the ten companies identified in this article for their pension fund woes are in the steel and airline industries.

[Wolfie]

Even worse. The Federal Gov't (meaning the U.S. taxpayer) is on the hook for these when they go belly up.

[1Old Pro]

Defined benefits are doomed, kinda like social security.

[newgeezer]

If you have a traditional pension plan and aren’t worried about its survival, you should be paying more attention.

Correction, if I may:

If you have a traditional pension plan and are counting on its survival, you should be paying more attention. ...

;O)

[.cnI redruM]

Oh yeah, we're talking about serious Panzi Scheme on a lot of these. When the plans were set up, they didn't take downsizing, early retirement offers or mechanization into account. Now there's fewer people paying in each year, and more people cashing out.

[HamiltonJay]

The very concept of a traditional pension is obsolete... Other than government jobs, not too many places even have a traditional pension.. nor should they, they are failed models fiscally.

[Meldrim]

Dr. Kontilikoff at Boston University has written extensively about this: The Coming Generational Storm.