Laurel Hester, RIP --because she and her partner fought, New Jersey police and fire department employees can now name anyone--not just a spouse--as a beneficiary for pension rights, helping to protect those they love after they're gone. Just one person who made a difference.
posted by amberglow
on Feb 20, 2006 -
A 401(k) is not a Pension! In a pension plan, your employer invests some money and gives you some of it when you retire. In a 401(k), they, um, don't. Congress seems a little confused on this issue, however. It turns out that the 401k might be more boondoggle than boon to average people planning to retire before they die.
posted by ilsa
on Apr 11, 2002 -