Re:Lyft lays off 17% of workforce, furloughs hundreds more
by chrisseaton on Wednesday April 29, 2020 @05:03PM
(#23024277)
Well I just don’t get it. People say ‘nobody gets a pension anymore’ but a 401(k) is just a different type of pension. My defines benefit savings plans literally say ‘pension’ in the product names.
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Re:Lyft lays off 17% of workforce, furloughs hundreds more
by ryan93 on Wednesday April 29, 2020 @08:03PM
(#23026074)
The state pensions have no risk. They get a guaranteed payout regardless of stock market performance. The difference comes out of taxpayer pockets. With a 401k if the stock market crashes you are out of lock. The taxpayers won’t chip in the difference