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They also don’t pay into social security. For someone of my age (early 40s), this is a plus because it’s unlikely I’ll ever be able to receive payments from the
by gnicholas 2y ago
They also don’t pay into social security. For someone of my age (early 40s), this is a plus because it’s unlikely I’ll ever be able to receive payments from the system (and certainly not at the levels that people currently pull out, due to means-based limitations that will need to be put in place). I’d much rather be paying into a separate system.
- justin66 2y ago> They also don’t pay into social security. That's not really the area of friction. The problem is that very few people pay only into a defined benefit plan in their lifetime. The point of contention is the calculations involved when a person has paid into both social security and defined benefit plans. (or how much of the survivor benefit a spouse should receive)