Originally Posted by pete2800

So... serious question here.

I'm a young guy, and based on what I've seen in the last 10-15 years... I'd rather have a 401k funded by the company than a pension that can get screwed up by a bankruptcy.

If they're giving me the money either up front (401k) or later (pension), why do you prefer the pension option? I'm not trying to be a moron, I'm just maybe ignorant of the potential advantages of a pension plan.