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Unfortunately, a lot of pension funds are behind so the started taking more risk. Frontline did a good piece called "The Pension Gamble" on this: https://www.pb
by jelling 4y ago
Unfortunately, a lot of pension funds are behind so the started taking more risk. Frontline did a good piece called "The Pension Gamble" on this: https://www.pbs.org/wgbh/frontline/film/the-pension-gamble/ https://www.pbs.org/wgbh/frontline/film/the-pension-gamble/
- strix_varius 4y agoThanks for the great link (just watched it). The whole idea of a "defined benefit" pension seems insane to me. It's essentially a promise that some entity will still exist and be solvent in 40+ years (start teaching around 22, retire around 65...)