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Of course private businesses are required to pre-fund their pensions (with some exceptions like religious organizations). It's a requirement under the Employee
by diebeforei485 7y ago
Of course private businesses are required to pre-fund their pensions (with some exceptions like religious organizations).
It's a requirement under the Employee Retirement Income Security Act of 1974.
Lots more info here: https://www.forbes.com/sites/ebauer/2020/04/14/post-office-pensions--some-key-myths-and-facts/amp/ https://www.forbes.com/sites/ebauer/2020/04/14/post-office-p...