Want to Retire With a Pension Plan? 4 Careers to Consider Now.
Once upon a time in the U.S., a pension plan was standard with most jobs.
Corporations began offering pensions in the late 1800s as a way to reward loyalty and longevity with a company. American Express, for example, became the first company to offer a corporate pension in 1875, rewarding workers who had been with the company for 20 years or more, reached age 60, and were recommended by management.
Banks and railroad operators then began to adopt pensions soon after, and later on, they became mainstream with the help of labor unions. By the end of the 1950s, about half of the private-sector workforce had a pension.
Source Fool.com
