Coronavirus Is the Tipping Point That Just Upended Pensions
They bet big, they lost, and if they don’t get bailed out, checks to retirees will start bouncing soon
Published in
9 min readApr 2, 2020
A pension is designed to be the most boring investment imaginable. Here’s how it’s supposed to work: Every paycheck, some of your money gets automatically invested in a fund. When you retire…