"To see how the private sector would have fared without ERISA ... look no further than state and local pension systems for public workers.... It's true, not everyone has a 401(k) at work, but whether there's any type of retirement plan at your workplace is irrelevant. Practically anyone can open an individual retirement account either by walking through the doors of a bank or opening it online. And lots of people have done just that. Simply look at the trillions of dollars in individual retirement accounts today."  MORE >>