Is My Pension Plan Guaranteed? 
Is my pension plan guaranteed ? It is the consummate question of the hour . Whether you 're addressing federal or state government sponsored pension plans , guarantees are only as good as the sponsoring authority behind them . Tax payers may have the last say on pension commitments . In the private sector , many pension funds are still recovering from the market meltdown of 2008 . And even with recent market gains of the last couple of years , most pension plans are underfunded . Whether or not corporations make up the short fall is yet to be seen as pension reform is center stage in the great retirement debate in the U.S. 