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Missing Pensions Costly to Retirees

Kiplinger's Retirement Report
Date Published: 
Friday, June 3, 2016

People who have earned a defined-benefit pension seem to be in an enviable position -- retiring with the promise of a steady income stream for life. But it's not so enviable if the promised benefits don't show up. And an investigation by the U.S. Department of Labor is finding that many retirees aren't getting the benefits they've earned.