One thought on “Pensions

  1. Private employers have been doing this already. Employees who have 25-30 years at the Fortune 100 company where I work had their pensions ‘converted’ and just lost over half of what they thought they had earned in pension benefits. Those of us who are younger barely get any pension (6K per year is going to buy me cat food to eat) and most employees are left with 401Ks which bob around with the whims of the stock market.

    My relative who works for the CDC? She’s bitching because she has to work an extra year before retiring. Her federal government pension benefits? Full salary. Apparently, all my taxes have gone to supporting her cushy retirement.

    So cut her benefits to give me some of mine back, maybe in SS benefits? Absolutely yes.

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