Backers Say Congressional Plan Would Save Traditional Pensions For Thousands In Wisconsin

Quoted: “Most young people graduating college in Wisconsin are going to be going into work where they are covered by a defined contribution plan, what is also known as a 401(k) plan. Unless they are working for a state entity or some other collectively bargained organization, they are probably not going to have a pension,” said Gordon Enderle, an actuary at the University of Wisconsin-Madison School of Business.