More suffering for retirees as FG cuts pension spending by 21% vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
For most private-sector US workers, pensions disappeared long ago. Many employers started making the shift to 401(k) plans and other plans in the 1980s.