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Agreed, I've long felt the same way about gift cards. And pensions, for that matter. (Which shouldn't be controversial, but is, at least for the Post Office.)
by SilasX 6y ago
Agreed, I've long felt the same way about gift cards. And pensions, for that matter. (Which shouldn't be controversial, but is, at least for the Post Office.)
- beagle3 6y agoIn most of Europe AFAIK, pensions are in even better status than first-in-line creditors: Money must be continuously deposited to a pension fund, not just an IOU.
- SilasX 6y agoThe US migrated to the system of required pre-funding too, but not with pension priority over creditors. They get dumped on the PBGC.