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While this is true, the company could just pay you $18,500 less and put that in your pension. Benefits are fungible.
by hellisothers 4y ago
While this is true, the company could just pay you $18,500 less and put that in your pension. Benefits are fungible.
- listenallyall 4y agoThat's not how a defined BENEFIT pension, like what GE offered for decades, works. The "defined" promise is related to what the employee receives, not what is contributed.