News for hackers. Stuff that matters.
Re:McClatchy files bankruptcy by peterhunt on Thursday February 13, 2020 @12:41PM (#22319658)
they aren't. private pensions like this are rare and generally pay a few hundred dollars a month [1] while social security, run by the government, pays much more [2] and is what most people exclusively rely on.

1. http://www.pensionrights.org/publications/statistic/income-p... 2. https://www.cbpp.org/research/social-security/social-securit...

Re:McClatchy files bankruptcy by ghaff on Thursday February 13, 2020 @02:08PM (#22320414)
Unless I'm misunderstanding you, that first link shows that, for people who get pensions, the pension is in the same ballpark as Social Security. (Private pensions tend to be on the lower side but they're still close to $1,000 month which is about 2/3 of the Social Security payment in that table.)