Pensions are becoming rarer and rarer in the United States, the Los Angeles Times reports. Two-thirds of employers that offer pensions plan to freeze them to new hires or eliminate them altogether over the next two years, according to a survey by the Employee Benefit Research Institute and Mercer Human Resources Consulting.

In the past two years, the survey also found, 25% of employers had closed pensions to new hires and another 13% had frozen them for all employees, for a total of 38% making some alteration.

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