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The future of retirement is brighter than ever: Ramesh Ponnuru

Many today lament the decline of the pension and the rise of 401(k)s. But they're ignoring key facts about retirement of the past and present.

By Ramesh Ponnuru | Updated on January 03, 2018
Many today lament the decline of the pension and the rise of 401(k)s. But they're ignoring key facts about retirement of the past and present. (Photo: Shutterstock)

(Bloomberg View) – Over the holidays the Washington Post interrupted the good cheer to bring us “a preview of a U.S. without pensions.”

Peter Whoriskey tells the story of 998 people who lost pension benefits when McDonnell Douglas closed a plant in Tulsa, Oklahoma, in 1994.

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