Retirement will be gradual for many, study finds With EMPLOYERS switching to CASH BALANCE PENSIONS (I will come back to THIS) and the NATION saddled with LOW SAVINGS...it looks to be a BITTER END for a GREAT MANY in the NATION. The KEY here is PENSION and HIGH SAVINGS. Not ONE or the OTHER. But in the NATION that is ALREADY DEFEATED. Seems like RUTHLESS WHITE has EVERYTHING UNDER CONTROL... Oh well.