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The idea of having your retirement income be the responsibility of the employer is archaic and ridiculous. Thank god it's dying. It's a massive advantage for l
by morgante 11y ago
The idea of having your retirement income be the responsibility of the employer is archaic and ridiculous. Thank god it's dying.
It's a massive advantage for large corporations in their battle against innovative startups. Who would ever join a startup if it meant that you might be penniless in retirement? (Because you depended on a failed company instead of personal or social savings.)
- sliverstorm 11y agoI like your logic- to make sure startups and corporations are on a level playing field, let's take away everyone's retirement! It's not about catching up & competing, it's about dragging them down to our level!
- morgante 11y agoFirst of all, I never said you should take away people's requirement. I think the total amount of money dedicated to retirement should be the same or more. Rather, it should be in the form of either individual accounts or nationalized.