4 ms·

There's no magic financial effect that makes the money going into a DB scheme worth more. The money has to come from somewhere and, in these cases, it's from co

by nguoi 7y ago

There's no magic financial effect that makes the money going into a DB scheme worth more. The money has to come from somewhere and, in these cases, it's from companies that underestimated or ignored what the future costs would be.

walshemj 7y ago
You do understand that DB is a collective scheme and DC its not just you. Your DB pension is funded by those that came before you and those coming after.
- deleted 7y ago
  [deleted]
- nguoi 7y ago
  I'd love to hear how someone would intonate a statement beginning with 'you do understand' if they said it to me in meatspace.
  - walshemj 7y ago
    Sorry I should have phrased that better for those whose first language isn't English. Its phrasing in that sense would be similar to "Dude your making a big mistake"
  - pinkfoot 7y ago
    Where and when.