Originally Posted by dougdirt
Don't want to worry about your retirement being backed on the market? Then don't opt in to the 401K and handle your own retirement.
I believe you are confused on what is what
A 401k is not a traditional pension plan, a pension is funded by the employer and traditionally used as part of an employees compensation package
Lots of companies do offer the 401k as opposed to a pension but in MLBs case a pension is a pension in the traditional sense