Most Americans don't have a cushy defined benefit plan pension anymore. Those went the way of the dinosaur during the last three decades. I don't have one. I have a 401k. NY Times employees are upset their cushy pension plan is on the negotiating table. They could have it frozen and be forced into a 401k like most of the rest of America. Gasp! According to these testimonials, this will make them eat cat food and sleep in boxes on the street in old age. Well, make that middle age. They all seem to be planning an early retirement in their 50s.