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What should do to address problem of retirement security

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Question:

Pensions will be the socioeconomic issue of the next decade.

What should be done to address the problem of retirement security? VERSA does not require any employer to offer a pension plan, and most plans can be terminated without much trouble. What might induce nonunion employers to offer a defined benefit pension plan to workers?

Are younger workers adequately informed about the nature of pension programs in this country? How might they be better informed?

Reference no: EM13922578

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