As boomers know, the longstanding tradition of company pension plans has been disappearing in favor of 401 (k) plans. (inc.com)
The most common type of company pension is what is known as a defined contribution plan. (moneysense.ca)
British retirees receive just 38 per cent of their income from government pensions, far less than German and Italian retirees; British retirees get 26 per cent from company pensions. (moneysense.ca)