Boeing Settles Lawsuit Accusing Company of Mishandling 401(k) Plan

The whole purpose of any 401K plan is to shift liability for pension obligations to the pensioner. It is not to provide a secure retirement for a lifetime of loyal service.

Who ever posted this needs to realize not everyone has a subscription to WSJ.

Here is a better link, no subscription required.

http://www.wsj.com/articles/boeing-settles-lawsuit-accusing-company-of-mishandling-401-k-plan-1440623006?mod=rss_management

Not an aviation subject so irrelevant to this site. Down vote