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Also, I don’t understand why we’re “alarmed” that some older adults are delaying retirement, given the nation’s underreported but growing issue with pension underfunding.
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The only ‘issue’ are those pension “promises” made on the backs of the taxpayer; not so much those of the private sector.
A lot of private-sector pensions are under-funded, too. Pretty much everything that’s defined-benefit instead of defined-contribution.