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Retirement could get tougher for more people

Last month I posted about the latest survey findings that showed retirement was slipping away for many workers. The survey found more workers that could retire won’t be because of the economy.

With some automakers facing some big obstacles, there’s a chance pensions could also be a thing of the past. For many workers, the promise of a pension is a big driving force to stick with their jobs, so the idea that they could end up with less than they expected is not welcome news. As this New York Times article points out, the paperwork alone for revamping the system can be a hassle of epic proportions.

Read the full article for details.

Anthony Balderrama

About Anthony Balderrama

Anthony Balderrama writes about hiring trends, workplace issues and job search tactics for CareerBuilder.com and its blog The Work Buzz. He was born and raised in Dallas (115° degrees isn’t hot!) before moving to Chicago (-23° isn’t cold!). He studied creative writing, therefore everything he writes is usually cut in half once he realizes he spent 400 words just on the intro. He knows that looking for a job and dealing with co-workers are not always fun activities, and reading about them is even less thrilling. That’s why he’ll take any opportunity he can to mention his favorite TV show or band in an article. Basically Anthony’s doing whatever he can to avoid hate mail.

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