Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
WSJ - Signs Your Pension Plan Is in Trouble
Old 02-12-2012, 01:21 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,331
WSJ - Signs Your Pension Plan Is in Trouble

The 2/11/2012 Wall Street Journal has this article which may be of interest to some of us. I will post the link here, though I suspect it is behind a pay-wall. A quick trip to the library can fix the problem with an old fashioned hard copy.

Conquering Retirement: Signs Your Pension Plan Is in Trouble - WSJ.com
__________________

__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-12-2012, 08:04 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,281
It is accessible w/o a subscription/payment.

Is there point would you like to make, or were you just curious if it was behind a pay-wall? W/O any comment, you basically posted a blind link.

-ERD50
__________________

__________________
ERD50 is offline   Reply With Quote
Old 02-13-2012, 08:08 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,331
The article covers four items:

Your pension is healthy, but your employer isn't.

Your plan offers lump-sum payouts.

Your company changes hands.

Your employer gets religion.
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 02-13-2012, 02:44 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Apr 2011
Posts: 1,558
Makes me think of SS not being able to pay full benefits down the road.
__________________
gerntz is offline   Reply With Quote
Old 02-13-2012, 04:21 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,974
Company changes hands killed my pension in 1994 (technically frozen at a very low benefit). Though it didn't seem so at the time, they probably did me a favor in that it forced me to plan on fending for myself while I still had time to do so.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 02-13-2012, 08:18 PM   #6
Full time employment: Posting here.
mountaintosea's Avatar
 
Join Date: Aug 2006
Posts: 553
Even though I receive a pension I still save and watch my money. Never know what could happen. Supposedly ours is doing really well.
__________________

__________________
mountaintosea is offline   Reply With Quote
Reply

Tags
pension wsj


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
California proposal for pension reform MichaelB FIRE and Money 88 11-05-2011 10:42 PM
Loans and Withdrawals from 401k and Defined Contribution Pension Plans nico08 FIRE and Money 0 09-11-2011 10:31 PM
RE and forgoing pension income Grainiac FIRE and Money 7 08-08-2011 09:46 PM

 

 
All times are GMT -6. The time now is 06:27 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.