How pension plans are impacting the economy and what employers can do about it

How pension plans are impacting the economy and what employers can do about it

With corporate contributions to 401(k) plans diminished to about 1 percent of payroll, an unforeseen problem has incubated over the past 30 years. Now faced with inadequate savings, rising health care costs and a decade of poor stock market returns, baby boomers are delaying retirement.