PENSION PLANS

Retirement Not a Pipe Dream?

Departing from his usual health-care pitch, President Barack Obama turned instead to encouraging Americans to save for retirement in his Saturday radio and Internet address. Obama said that new government rules would make it easier for small businesses to automatically enroll employees into retirement accounts and 401(K) plans while allowing unused vacation and sick leave to be converted into retirement savings. "We have to revive this economy and rebuild it stronger than before," Obama said in the address. "And making sure that folks have the opportunity and incentive to save—for a home or college, for retirement or a rainy day—is essential to that effort."