Re: Report: MLB looking to cut pensions for non-uniformed personnel
Just because they want to stop offering pensions doesn't mean franchises are greedy and want to screw their employees. Very few companies offer pensions anymore. 401k is how companies help their employees fund their retirements in the modern world and I am sure this is what the teams will do in the future. This is better for the workers as they are not compelled to stay with a single employer for decades if they want a comfortable retirement. 401k funds can be transferred wherever you go and make your future much less dependent on the good will and financial stability of your employer.