Pension-law proposal would hit some retirees - MarketWatch

Pension-law proposal would hit some retirees - MarketWatch

Massive cuts to retirees on private pension plans would be a bad idea. It is one thing to change things for new hires, but they want to massively cut current pensions to folks who need the money.

If the stock market crashes again, and it very well could, this problem could get much worse. Companies and workers must contribute more to the pension plans. That seems like a no brainer to me. 

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