Lesson: The best-laid retirement plan...

Lesson: The best-laid retirement plans melt down

There are 1 comment on the San Gabriel Valley Tribune story from Sep 26, 2009, titled Lesson: The best-laid retirement plans melt down. In it, San Gabriel Valley Tribune reports that:

Planning for retirement has never been as complicated - or as important - as it is now.

Join the discussion below, or Read more at San Gabriel Valley Tribune.

David Pitt

Modesto, CA

#1 Oct 6, 2009
Your article regarding retirement plans stated that "workers contribute nothing" to a defined benefit pension plan is just flat wrong. In my well over 30 years working for counties and cities in California, I can tell you that I contributed right along with my employer. All you did is just throw more red meat to those critics of our retirement system. Thanks. You could at least get your facts straight. It was but only three years ago that the private sector defined contribution pension plans were needling those of us as their salaries and 401k's were going vertical. Frankly, So, not so much fun with a defined contribution plan now!!! Get your facts straight. You know measure twice cut once.

Charlie Woods
[email protected]

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