Its about what you do not what you say strategies for reducing turnover
EXCERPT:
The first crack came with the advent of the 401(k) and (b) plans that freed employees from corporate retirement programs. The 401 programs are, in effect, portable pensions. In effect, you take your accumulated savings and add to them somewhere else. Silicon Valley companies had never set up pension programs because the young companies there, with non-union workers, did not feel any need to establish retirement programs. So they were the first to feel the impact of 401 programs as workers started understanding what they were all about.

I found the following and thought it needed sharing. How many 'REAL' people know anything about any of this stuff? When I worked at HOLOGIX our CFO was making all of the decisions for the employees. This was the first time ever that I had even thought about retirement and believe me after all the stress at this job (hostile takeover) when I walked out the door at night, I shut it all off.

All of the attention put on outsmarting this guy and that guy is all wrapped up in these white man's EGOs and these guys need to be stopped. The brainwashing needs to be stopped.

It is insane that this world is run by people that think they are smart but are missing out on the most important part of being human......... LOVE.

CalPERS after scandal embraces risk for pensioners facing 20 billion-gap
EXCERPT:
“This could mark a sea change, and not just for Calpers but for every other pension fund out there,” Lo says.

Calpers is at the forefront of a national crisis as public pension funds struggle to meet their obligations to more than 19 million active and retired firefighters, police officers, teachers and other state workers. In 2000, more than half of the 50 states had the funds to cover what they owed. By 2008, that number had shrunk to four -- Florida, New York, Washington and Wisconsin -- as total unfunded liabilities reached a record $1 trillion, according to a February 2010 report by the Pew Center on the States that uses the latest available data.


Pension fund and 401K
EXCERPT:
Hedge funds in 401(k)?
Hedge funds in a 401(k)? People will need to invest prudently for their MANY decades in retirement. But what are they going to be ALLOWED to invest in? How can individuals be expected to take responsibility for their financial future when most will not be permitted to have proper strategy diversification, access superior managers or REDUCE risk with better quality funds? Long only stocks and bonds is dangerous and unsuitable for most of them.

How much of the population actually understands Hedge Funds or 401K
EXCERPT:
Blame for crash? The market sell-off has been caused by hedge funds? Some argue, like the IMF chief economist Raghuram Rajan, that incentive fees induce hedge funds into taking more risk and that this is a cause of market volatility. WRONG. It might push long only and non-hedged speculators marketing themselves as "hedge funds" into risky areas but with competent managers, high water marks, their own wealth at risk and incentive fees encourage them into reducing their volatility.