3 ms·
Those are not pensions. The 401k system is explicitly an alternative to the older pension systems. Words mean things.
by lazyasciiart 4y ago
Those are not pensions. The 401k system is explicitly an alternative to the older pension systems. Words mean things.
- jbn 4y agobut these are pensions, more specifically they are supplemental pensions on top of the basic one like US social security, or France's basic pension from SS (which is supplemented by "complementary pension" from other regimes like AGIRC/ARRCO).