Re:Sogen Kato
by kazinator on Saturday June 20, 2026 @12:55PM
(#48610763)
Government pension is such a scam. When someone dies, the remaining pension up to age 100 should be transferred as a lump sump to their estate. Or perhaps the lesser of that, and the amount they paid into the ponzi scheme throughout their working years, adjusted for interest.
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Re:Sogen Kato
by Polizeiposaune on Saturday June 20, 2026 @02:22PM
(#48611562)
It's not a scam. It's the difference between annuities (longevity insurance) and savings.
If you wanted all pensions to provide a death benefit in addition to the annuity you'd need to either significantly reduce payouts to the living or significantly higher payments into the pension fund.