Pensions More Highly Valued
 January 1, 2005

Younger workers, especially highly educated and professional employees, have traditionally placed lower value on pension benefits than insurance benefits and time-off. Some benefit consultants, however, are predicting that the continuing political debates about the solvency of social security are having an impact on younger workers. The “Echo Generation” (children of Boomers) is apparently much more conservative and are expected to hold items such as 401(k) matches in much higher esteem than GenX’ers.