
Get to Know the Good, the Bad, and the Ugly Facts about Retirement Security
Defined Benefit plans provide the best bang for the retirement buck. Pensions provide the same retirement income at nearly half the cost of individual 401(k) accounts.
Better bang for your BuckEconomists believe that just like layoffs are bad for the economy pension cuts will not help the recovery but will likely prolong the recession and compound budget problems.
Economic Madness of Pension CutsDavid Crane, California Governor Arnold Schwarzenegger’s Wall Street trained advisor has been at the center of efforts to cloud the facts about public retirement security. Get the real picture.
Setting the Record Straight
The Good: Pension Systems are safe and efficient ways to fund retirement.
The Bad: Pension cuts will further harm the economy.
The Ugly: Protect yourself from political experts who claim the sky is falling.
If you are with the media there is more information here.
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