[Joan Kerrey]

The retirees worked for their pensions-paid into their pension

---

And I paid into my 401K faithfully and it’s worth 1/2 now.
Will government bail me out too?

Where does this all stop?

[nyconse]

A 401K is an investment tool. Pensions are guaranteed or supposed to be...we bend over backwards to honor banking CEO bonuses with taxpayer funds, but shred pension contracts...it’s wrong. One could make the same argument about bonuses...where does it end?

[razorback-bert]

That is coming soon.

401s folded in SS.