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Corporate behemoths are trying to shed the last vestiges of their pension plans even for current retirees—yet another manifestation of a blue model system in its death throes.

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Mark, this was a teaser of an article. I’d like to hear and read more about pension risk transfer. Also Mark, I’d like to know if you have any good statistics on the number of government employees (local,county and state) who actually believe that the pension protection clause will insulate pensions from the eventual collapse.