Pension defaults will probably be BIG in about 20 years. Possible solution: get your own money into a separate account.

If you read this LA Times article, you will find additional confirmation that we face looming social unrest and political challenges concerning underfunded defined benefit pensions. It is quite possible that in a few decades we will witness pooled defined benefit pensions experiencing a “renegotiation” of benefits. For that reason, maintaining our own pensions in separate accounts such as IRA rollovers becomes even more attractive. We can’t really foretell the future, but right now the numbers aren’t adding up.