The UAW is asking to bring back pensions. This economist says it's not a good idea

The UAW is asking to bring back pensions.

This economist says it's not a good idea.

Allison Schrager is an economist and a senior fellow at the Manhattan Institute .

She says pensions pose more risks to workers than I think people often realize.

Schrager: It's not really worth that much if you think you're going to change jobs in your lifetime .

Allison Schrager says the UAW president is using a return to defined benefit pensions as a bargaining chip.

Schrager: Long tenure and lifetime employment is becoming a lot less common in the auto industry.

He says the union is trying to negotiate for a higher salary, more paid time off, more generous retirement benefits.