4 ms·
Defined benefits plans, ie pensions, should be outlawed, as long as they have any component that must be paid by taxpayers. For the most part, pensions are Ponz
by pfarnsworth 8y ago
Defined benefits plans, ie pensions, should be outlawed, as long as they have any component that must be paid by taxpayers. For the most part, pensions are Ponzi schemes and require more and more employees to enter the system to pay for those on the pension. If you're talking about a private pension system that can collapse, then that's okay, but if it's a government pension that can keep taxing people because their benefits are too lucrative, those should definitely be outlawed, especially the ones for Congress.