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The whole point of a pension fund is that you can only add money and never take it back. It doesn't work out if many people try to cash out.
by user5994461 8y ago
The whole point of a pension fund is that you can only add money and never take it back.
It doesn't work out if many people try to cash out.
- parsnips 8y agoNevada PERS is one of the worst examples as well, missing it's investment targets over pretty much any period of time you can define.
- wbl 8y agoBecause its targets were quite high. CalPERS much higher fees missed its similar assumptions.
- walshemj 8y agoPensions do pay out you know when people retire