NBC Evening News for Tuesday, Jul 01, 1980
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(Studio) Report introduced
REPORTER: John Chancellor
(No location given) United States private pension systems examined; cases of Mike Barsch, Sally Caparelli and Lilly Run cited as exs. [RUN, BARSCH, CAPARELLI - comment.] Lack of legislature requiring private firms to establish pension systems and problems with existing benefits noted; amount Caparelli recs. noted. [CAPARELLI - comments.] Barsch said losing pension benefits from 1st 3 companies he worked for due to company's going bankrupt or closing; details given. [BARSCH - comments.] Barsch reported too old to earn pension credits from his current employer as well. [BARSCH - comments.] [Pension Rights Institution director Karen FERGUSON - says situations such as Barsch's occur every day.] Any congress action on problem said not coming in near future; Run's pension noted. [RUN - comments on accomplishments.]
REPORTER: Mike Jensen