Lord, won’t you buy me a new pension plan
My 401(k) savings fit in a tin can
I need me some money so I can survive
Or I’ll be living in my old Porsche when I’m 65
The foregoing is excerpted from a speech given by Karen Friedman, Executive Vice President and Policy Director of the Pension Rights Center on November 19, 2013, the keynote speech at the Texas Municipal Retirement System’s annual meeting in Austin, Texas.