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PoindexterOglethorpe

(27,128 posts)
1. That's nice, but are they fully funding the pensions?
Sun Feb 12, 2017, 10:38 PM
Feb 2017

So many pensions are desperately underfunded, both private and municipal.

What's so sad about this is that many people did exactly what they were supposed to: worked in the same job for twenty or thirty years, lived modestly, and expected that they'd have a decent retirement. Suddenly, WHAM! Oh, by the way, there's not enough money to pay your full pension, I'm sure you'll be just fine of half or less of what you'd expected.

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