Read excerpt below:

December 17, 2008
By David MacDougall
TheStreet.com

As personal-savings accounts are starting to resemble piggy banks more so than treasure chests, pension income for workers lucky enough to have a defined benefit plan will become even dearer.

The problem is that every major pension fund, public and private, has been investing in the same risky assets that have crushed personal accounts and they, too, are now suffering losses that could lead to funding crises and, perhaps, government intervention.

Read entire article: http://www.thestreet.com/story/10453751/1/pension-funds--the-next-shoe-to-drop.html