'Pension Envy' for the Golden Years According to a congressional report, U.S. businesses are almost half a billion dollars short in their pension obligations to current and future retirees. Brian Unger examines the growing numbers of workers with "pension envy", and offers a solution for those who face their golden years without a golden parachute.
NPR logo

'Pension Envy' for the Golden Years

  • Download
  • <iframe src="https://www.npr.org/player/embed/5303623/5303624" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
'Pension Envy' for the Golden Years

'Pension Envy' for the Golden Years

  • Download
  • <iframe src="https://www.npr.org/player/embed/5303623/5303624" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

ALEX CHADWICK, Host:

Personal finance is also the subject of today's Unger Report. His advice for planning the overtime at FRAM, Brian Unger.

BRIAN UNGER: START SOUND CLIP

T: END OF SOUND CLIP

UNGER: For 17 years, on MTV, we watched The Young and the Restless live recklessly and naked in a house. Why can't the old and incontinent do the same? by living out their remaining years together under one roof, people with no retirement may have one thing in old age that's better than a pension. They'll have a hot tub, and that is today's Unger Report. I'm Brian Unger.

CHADWICK: You can subscribe to a podcast of the Unger Report and lots of other NPR programming too.

BRAND: Just visit our web site, NPR.org and find out more.

Copyright © 2006 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.