4 ms·
> Pensions are owned by people. No they aren't, that's the point of a defined-benefit system like a pension. You don't own it but instead get guaranteed paymen
by astrange 1y ago
> Pensions are owned by people.
No they aren't, that's the point of a defined-benefit system like a pension. You don't own it but instead get guaranteed payments from it.
Owning things involves risk; it's not always good.
- olddustytrail 1y agoYou have a defined benefit pension? In the UK they've all gone contribution. So my pension is owned by me. I can buy an annuity from that but there's no reason that can't be a service company owned by a person just like insurance. Again, it's solvable.