Facing the Pension Dilemma

Some serious worries about the level of company retirement benefits

Suddenly more and more Americans are asking themselves a haunting question: Will I have enough money to live on when I retire? Social Security is in serious financial trouble; President Reagan twice this year has considered cutbacks in retirement benefits. Meanwhile, inflation continues to eat away at the value of money people had saved for their old age—and at the amount that can be saved. Says Frances Wegner, 53, who now lives off the proceeds from the sale of her house and a widow's...

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