What will happen to pensions?

[Eurobonus]

With so many companies slashing or cancelling their dividends, what will happen to pensions? There is no way pension funds can keep paying out old pension levels with such reduced returns from their assets. Also, won't this keep pressure on equities from rising?

[HPbrand]

Your username suggest you are based in continental Europe. You probably have more to worry about right now than future pension. The Euro might be finished mate. This time won't be bail-outs for banks, it's bail-ins for the governments.

[Eurobonus]

I am not a pensioner but worried about those who draw pensions. Just look at the white pensioners in Zimbabwe and what happened to them when there was hyperinflation. Their savings became more or less worthless over night and their pensions barely covered the cost of a loaf of bread.