All About Pension Plans
December, 1980
It's an easy choice: Donate your extra bucks to the IRS or pump them into something tax deductible. And, for most of us, that means a pension plan. But pension managers have the heebie jeebies. For one thing, in 60 years, nearly one in four Americans will be over the age of 65, swooping down on pension funds like vampire bats attacking a herd of Holsteins. And inflation is inexorably shriveling pension dollars into pennies.A Federal commission has been seeking solutions, such as upping the retir...
