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A comment on Strikes spread as French unions intensify pension reform fight. Parent comment

Re:Strikes spread as French unions intensify pension reform ... by 76384638 on Tuesday March 07, 2023 @05:18PM (#35062060)
A federal system sounds like a horrible idea and a really dangerous single point of failure. The consequences of such a system collapsing would be apocalyptic, and forcing everyone into a single system without competition all but guarantees corruption and mismanagement. Social security is bad enough, please don't expand it.
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Re:Strikes spread as French unions intensify pension reform ... by lotsofpulp on Tuesday March 07, 2023 @06:31PM (#35062928)
The federal US defined benefit pension already exists, it is called Social Security.
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Re:Strikes spread as French unions intensify pension reform ... by 76384638 on Tuesday March 07, 2023 @09:40PM (#35064515)
I did say "Social security is bad enough, please don't expand it."

Luckily, most Americans have pensions outside Social Security, so you won't end up in a situation where nobody has a pension if it collapsed. It would still be bad, but not as bad as if the federal government had a pension monopoly.

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