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Message: <blockquote data-quote="vantexan" data-source="post: 4564288" data-attributes="member: 24302"><p>The traditional ended May 31, 2008.  The new plan can be lucrative if the company keeps it's word with pay raises and people can get OT.  But the portable pension is a sure thing and you still have a 401k with a match.  As for ending pensions, if everyone is just in a 401k then it's that much more that funds can use to buy stock, driving up share prices so exec's can get rich.  Why do you think they want everyone to participate and offer a match as an incentive?  Companies don't want to give employees sure things, they want them to invest as much as possible in 401k's.</p></blockquote><p></p>