[rootusrootus]

Pensions are insured, so in theory you can't lose everything just because the company went tits up.

Also, I don't have statistics handy but as I recall, we tend to think today that pensions were far more common in the past than they really were.

[deathanatos]

> Also, I don't have statistics handy but as I recall, we tend to think today that pensions were far more common in the past than they really were.

Best I could find was [1]. 60% of private sector workers covered in 1980 vs. 10% in 2006. Seems to me the reputation is appropriate.

[1]: https://economix.blogs.nytimes.com/2009/09/03/pensions-1980-...

[rootusrootus]

I may be misremembering, then. I had seen different numbers than that. It may also be that what I'm remembering is a comparison from farther back that explains that the pensions of 30 years ago were a brief blip and that what's going on now is we're reverting to the long term mean. Or I'm entirely wrong, which there is a lot of precedent for.