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In reply to the discussion: Do you have a pension? [View all]frazzled
(18,402 posts)32. Very few people of any ages, if they weren't a government employee or union member ...
got or have a pension of any sort. Yes, some large companies did used to provide pensions, but that pretty much vanished by the 1990s.
My father recently passed away at age 100, and worked until age 75. He never had a pension.
I am a boomer, and--not knowing anyone who worked for a large corporation--I don't know anyone besides public school teacher friends who have a pension.
As of 2011, "just 14 percent of non-union employees had pensions, according to BLS."
http://minnesota.cbslocal.com/2012/10/17/good-question-how-many-of-us-still-get-a-pension/
That is why it is so surprising that such a large percentage here have pensions.
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Same here my Medicare took all my SS COLA and my supplement went up $15.65 a month.
doc03
Jan 2017
#21
Ours is enough to pay for our drug program and our health insurance. Sadly, it probably won't much
appleannie1943
Jan 2017
#22
Very few people of any ages, if they weren't a government employee or union member ...
frazzled
Jan 2017
#32
Sort of. One place I worked froze pensions after I worked there 5 years of my 11 year tenure with
stevenleser
Jan 2017
#45
I am very lucky that I landed at a retirement company who does have a pension and great benefits....
TrekLuver
Jan 2017
#63
Two, actually. Yes, one small one from a former employer that I'm now collecting.......
WillowTree
Jan 2017
#67