Excerpt: In fact, the notion that most Americans' pensions are in jeopardy is overblown. .... [M]ost corporate pensions aren't in danger of immediate collapse, and most people in those pensions are going to get their full benefit. So we definitely have a situation on our hands that requires reform in the way corporate pensions are funded. But, in my opinion at least, we don't have a crisis where we're going to see huge numbers of companies defaulting on their pensions anytime soon.  MORE >>