[rpwilcox]

I would ask the inverse: anyone around here have a pension account?

When I joined my current company I was given an option to join the pension (maybe the last year it was offered to new people??). I didn't take it for a couple reasons:

  1. figured I probably wouldn't be here for 30 years (!!!!)

  2. Stories of rampant pension mismanagement scare me off. (Reasonably sure it wouldn't happen with my employer, but...)

[awinder]

Just to clarify on #2, it doesn't even have to really be in your employer's control. One of the biggest sales targets of mortgage-backed securities prior to 2008 were pension plans, they were AAA-rated securities.