Re:The State Pension Funding Gap
by rainbowmverse on Friday April 13, 2018 @10:27AM
(#16830277)
The whole point of a pension is to accept lower pay today to not have to worry about tomorrow. It's a structural way of dealing with the fact that most people don't know how to plan for the future and, before, just ended up dying in the streets in their 60s.
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Re:The State Pension Funding Gap
by lotsofpulp on Friday April 13, 2018 @11:08AM
(#16830646)
That doesn't answer the question of why they shouldn't face counter party risk like everyone else though. Obviously, the government also doesn't know how to plan for the future.
Re:The State Pension Funding Gap
by anonuser123456 on Friday April 13, 2018 @01:49PM
(#16832258)
What's wrong with dying in the streets in their 60s? They're better off than the 99% of humanity that lived before them. Why should the next generation pull the weight of the previous?