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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhere is the discussion about this huge issue?
"Some of the only people in America who are going to work the same job in the same place with a health and retirement package for 30 years are sitting in this chamber."
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Our security of retirement has been pillaged time and again by the mega corporations.
Traditional pension plans have continued their decline in recent years. Only 21 percent of the companies surveyed continued to offer a traditional pension plan in 2012, compared to 33 percent of companies in 2008. And 12 percent of employers indicated that their pension plans were frozen, making them unavailable to newly hired employees. Another 6 percent of employers offer cash balance pension plans and 7 percent provided a supplemental executive retirement plan.
http://money.usnews.com/money/blogs/planning-to-retire/2012/08/10/retirement-benefits-in-decline
In 2016, you can bet the percent of the companies offering a traditional pension plan has dropped well bellow 21%.
Job benefits overall have been on the decline for years now.
http://money.usnews.com/money/retirement/articles/2014/07/28/workplace-benefits-that-are-disappearing
It baffles me that this isn't made more of an issue with politicians. Perhaps its time to change that?
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Where is the discussion about this huge issue? (Original Post)
Bubzer
Jan 2016
OP
dembotoz
(16,799 posts)1. not much to discuss it is the truth
Bubzer
(4,211 posts)2. It is, but the lack of discussion means it never makes it to political ears.
fredamae
(4,458 posts)3. And congress chuckled...n/t
Bubzer
(4,211 posts)4. Yeah, I noticed that too. A number of em chuckled, and a worried murmur ran through the rest.
Almost as if worried that their retirement package might come under fire.
fredamae
(4,458 posts)7. Maybe-I thought it was because PBO
had the Audacity to say that Out loud and in Public! It looked like Harry was asleep?
As long as they remain in power they have Nothing to worry about...Neither Dems nor GOP is gonna Reduce what they get now....If I understand correctly--they're "retirement/payroll" security is under their own control.
valerief
(53,235 posts)5. Bingo! The I-Got-Mine crowd doesn't give a rat's ass about anyone else. nt
Wellstone ruled
(34,661 posts)6. Most people are just doing their thing and have not taken the time to
or inclination as to what really is happening and what happened while they we watching MTV or Fake News. Propaganda is absolutely wonderful isn't it. The 1%ers fooled everyone again.