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To: i_robot73

A lot of private-sector pensions are under-funded, too. Pretty much everything that’s defined-benefit instead of defined-contribution.


44 posted on 02/11/2020 8:06:20 AM PST by Tax-chick (You're only one book away from a very good mood. (Washington County, UT, Library)
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To: Tax-chick
A lot of private-sector pensions are under-funded, too. Pretty much everything that’s defined-benefit instead of defined-contribution.

You've got that right, Tax-chick. I have an actuary in the family and he tells some alarming tales. Another reason why I've concluded that there is a Federal SOOOOOOOOOOPER BAILOUT looming in our future.


47 posted on 02/11/2020 8:49:27 AM PST by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: Tax-chick

>
A lot of private-sector pensions are under-funded, too. Pretty much everything that’s defined-benefit instead of defined-contribution.
>

That might be true, but the taxpayers aren’t on the hook for ‘em either.


52 posted on 02/12/2020 5:23:17 AM PST by i_robot73 (One could not count the number of *solutions*, if only govt followed\enforced the Constitution.)
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