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Response to Adrahil (Reply #72)

Thu Feb 25, 2016, 10:29 AM

75. Yep

 

Some people think pensions are a magical entity that just spits out money forever. They seem to forget every worker actually paid into it, and they depend on the company continuously growing in order to support more and more retirees. As soon as that stops happening for long enough, the pension goes bye-bye along with every nickle the retired have paid into it. I'll stick with a 401k that I at least have complete control over and can budget around

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