Pensions are not a universal source of retirement income, and more than half of those working in 1998 lacked a pension plan.
Most of those workers preferred to have more money in their pockets in the short-term.
mnli hypothesis: Most of those workers preferred to have more money in their pockets in the short-term. premise: Pensions are not a universal source of retirement income, and more than half of those working in 1998 lacked a pension plan.