4 ms·
A pension might have been swell if you planned on working at pan am for half a century. I can take my IRA anywhere. The worker is unshackled from the pension pu
by wasdfff 8y ago
A pension might have been swell if you planned on working at pan am for half a century. I can take my IRA anywhere. The worker is unshackled from the pension purse their employer dangled over their head to keep them complicit and loyal to the executive board for decades.
- EADGBE 8y agoThis. They're no longer tied to the employer in hopes of good retirement, they can instead shop around for raises/skills. Which is more money which can be self-invested back into the self-pension/401k. In 401k matching situations, this means more matched, too, instead of an arbitrary salary promise after retirement. I do not have numbers for comparison of pension vs 401k/self-funded pension. Though I'd love to see what either gets you in similar contributions.