co-pay offer. gerri: the federal government wants yoo consider allowing uncle sam to guard your retirement savings, i kid you not. i'm not making this up. a new federall over money from your employer's 401(k) and put it into a pension plan. but should you do that? veronica dagger of the "wall street journal" join ises us now. we should give a background information here. there's the pension benefit guarantee corporation that actually stands behind pensions, and now they want your 401(k) money too. why do you think they want to do this? >> there's a couple different reasons they're proposing this. they're saying, you know, people in retirement, there's a lot of americans retiring, they're not prepared, they are not prepared to handle the stream of income -- gerri: that's all our fault, okay? >> manage the stream of income they could be having in the future, so this is a way to anewtize their future cash flows, this is what they're saying, to give you a way to get a -- gerri: wait a minute, so they're going to take the money -- >> take the money -- gerri: and do what? >> basically you move the money from the 401(k) into your pension plan, and the gover