The Scary Truth About Seniors and Money

[1-Old-Man]

8. As one of that age let me comment to add to what you've said.

In addition to the many who were employed by major manufacturing corporations there were also many who were employed by Government at local and the Federal levels. Government employee's pensions, which are thought of as the blue-ribbon prize-winners today, were at the time if not as good as those in the public sector at least more likely to actually be paid out; many people opted for Government jobs even with their lower pay and lessor benefits simply for the job security. My how the world has changed.