http://eduphil.org/forum/gsis-t-624.html

I saw my final salary pension vanish at my old place. the new scheme was utter toss, yet us younger ones were getting a hell of a lot less put in our pension whilst the older guys saw roughly 3x the company contribution we did. So effectively we were subsiding people who were getting almost full final salary, whilst ours wasn't worth pissing on. apparently its not ageist to make younger people's pensions considerably less valuable.