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Your proposal is essentially what we have in Australia with superannuation. Employers pay a minimum of 9.5% of pre-tax salary into the retirement accounts, and
by nevdka 10y ago
Your proposal is essentially what we have in Australia with superannuation. Employers pay a minimum of 9.5% of pre-tax salary into the retirement accounts, and then can't touch it.
- fowl2 10y agoAnd this is the same system that the public sector uses (grandfathered exceptions exists, of course). Of course once your super fund runs out, and it will very likely run out, you're back on the tax-funded age pension.