The other issue with pensions is they're run and funded by the company. Some benefits are guaranteed, some aren't. It's also a distraction for the company. Thei

The other issue with pensions is they're run and funded by the company. Some benefits are guaranteed, some aren't. It's also a distraction for the company. Their expertise is in making widgets, not running pensions. Plus it opens the door for funding shenanigans and liability (GE comes to mind). This always should have been outsourced to private pension managers or possibly governments.