Originally Posted by westofyou
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
I am not confused by it. The poster said that some people aren't happy with their 401K because it relies on things outside of their control (market crashing was an example used).