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In some cases, managers and employees have secured pensions beyond their original base salary. It is wrong, the people doing it know it's wrong, and we have to put an end to it.

Most private-sector folks don't get a pension.

We can't be paying pensions to the next generation of federal workers when hardly anyone in the private sector gets them.

There are tons of examples of U.K. and European mistakes. A classic one is pensions. That's obviously not an America-specific thing. The British and European economies are suffering under the weight of what is to come. The next great Ponzi scheme after Madoff is probably pensions.

Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement.

The Europeans waited so long that they are impacting people who depend on their pensions. We are still early enough to fix it for the next generation. A few states have started scaling back their programs, while others have come hat in hand for billion-dollar federal bailouts.

I believe when hard-working citizens have earned their pension, it's wrong for Washington bureaucrats and politicians to take their pensions away.

I agree that we must expand opportunities for retirement saving, but we must not undermine this worthy effort with a flawed privatization scheme that takes the 'security' out of Social Security.

Americans used to be able to depend on their jobs to provide a stable retirement.

Americans are not saving enough for retirement.