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To: AlmaKing

Really, please provide a link.


42 posted on 09/05/2011 10:54:17 AM PDT by ltrman61
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To: ltrman61

Do your own research next time.

http://www.dogpile.com/info.dogpl.t2.8/search/web?fcoid=417&fcop=topnav&fpid=27&q=percentage+of+companies+who+provide+pensions

Here’s one:

Large, private companies. Pensions are much more difficult—but not impossible—to find in the private sector. Although only 21 percent of all private-sector workers were offered traditional pensions in 2007, employees at large, financially sound companies may still get guaranteed retirement payouts for the rest of their lives. Some 34 percent of companies with 100 workers or more offered a traditional pension in 2007, while only 9 percent of firms with fewer than 100 workers did, according to the Bureau of Labor Statistics.

http://money.usnews.com/money/retirement/articles/2009/06/01/jobs-that-still-offer-traditional-pensions

A second:

BY THE NUMBERS
Here are some key statistics on defined-benefit pension plans.
1 Number of new defined-benefit pension plans with more than 1,000 participants created in the
past decade (the United Methodist Church’s pension plan for its pastors and lay workers).
11 Percentage of companies that have terminated or frozen their pension plans, up from 5
percent in 2001.
20 Percentage of U.S. workers covered by a defined-benefit plan, down from 40 percent in 1980.
52Percentage of plans covering 1,000 or more participants that are underfunded, compared to 15
percent in 1992.
3,500 Number of defunct pension plans now administered by the Pension Benefit Guaranty Corp.
$3,801 Maximum monthly benefit paid by the PBGC once it takes over a defunct pension plan
31,000 Estimated number of companies offering a defined-benefit pension plan, down from
150,000 in 1980.
518,000 Number of people being paid benefits by the PBGC, totaling $3 billion, after their pension
plans were terminated because of distress or bankruptcy.
44 million Number of Americans whose pensions are insured by the PBGC.
$400 billionEstimated amount by which defined-benefit pension plans are underfunded.
SOURCE: Pension Benefit Guaranty Corp., U.S. Department of Labor, Pension Rights Center,
Employee Benefit Research Institute, Watson Wyatt

http://www.pensionresearchcouncil.org/news/?id=22

A third:

“The old, traditionally-defined benefit-pension plan is pretty much gone,” said Milton Moskowitz, who’s been compiling an annual list of the “100 Best Companies to Work For” for more than 25 years. “Employees don’t seem to stay with companies a very long time. So companies don’t feel the need to offer the security to keep them there.”

http://www.cnbc.com/id/39286748/10_Companies_with_the_Best_Retirement_Plans

A fourth

A recent survey by Watson Wyatt found that, for the first time, the majority of Fortune 100 companies are offering new salaried employees only one type of retirement plan: a 401(k) or similar “defined contribution” plan.

http://www.usatoday.com/money/perfi/retirement/2009-05-21-traditional-pensions-dying_N.htm


61 posted on 09/05/2011 11:56:49 AM PDT by AlmaKing
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