Excerpt: If your company provides you with a pension, chances are it's underfunded. Although the federal government provides you with some insurance via the Pension Benefit Guarantee Corp., chances are that any future systemic problems will require taxpayers to come to the rescue. Is there a nifty market-based solution to all of this? While we'd like to think so, we're skeptical. Defined benefit pensions can't and shouldn't be saved.  MORE >>