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This article proposes that we close the barn door after the horse is left. If my employer offered me a pension I'd laugh in his face. In 2013, a pension benefi
by hapless 13y ago
This article proposes that we close the barn door after the horse is left.
If my employer offered me a pension I'd laugh in his face. In 2013, a pension benefit's market value is $0. Who actually believes the money will be there when the time comes?
After 30 years of private sector firms refusing to fund pensions and passing them off to the PBGC, the public sector is finally getting into the game. No one should surprised.