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| Retirement Disasters Loom for Many Baby Boomers Rick S. Bender, President of the Washington State Labor Council, AFL-CIO  Apr. 11, 2002 Excerpt: One group that won't likely have as many problems with retirement security will be union members, because the vast majority have defined benefit pensions as part of their union contract's benefit package. In contrast, less than half of the non-union workforce even has a pension, and most of those are the unpredictable defined contribution type. |
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