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.)
To: i_robot73
Yes, they are, through the Pension Benefit Guarantee Corportation, a public backup for private pensions.
53 posted on
02/12/2020 5:30:28 AM PST by
Tax-chick
(You're only one book away from a very good mood. (Washington County, UT, Library)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson