3 ms·
> before they could get their full retirement benefits Is it any wonder that young people are extremely skeptical of defined-benefit plans? I for one would ne
by ef4 11y ago
> before they could get their full retirement benefits
Is it any wonder that young people are extremely skeptical of defined-benefit plans?
I for one would never want a job where that was a significant part of the pay package. Cash on the barrel head, please. Even if I trust you now, I can't possibly trust whoever is going to be running the company thirty years from now.
It's like agreeing to get paid partially in IOUs or company scrip. It seems like an obvious scam, and I can't relate at all to people who long to go back to that pattern.