spunkets:
Ok, how many fortune 500 companies do you think do not have Retirement plans. So no company is required to have a retirement plan but how attractive will those companies be to potential employees?
And I did not say they were not similar, Nixon’s did not make everyone buy into the Government plan. And you are correct, this is a relgious thread not public policy or economics.
It would be more instructive to ask how many are solvent, or have retained sufficient value to fullfill their intended purpose.
"So no company is required to have a retirement plan but how attractive will those companies be to potential employees?"
Employees are concerned with compensation, ie. pay check. Their concern with retirement "plans" are due to govm't tax treatment of their compensation, else they would just be saving on their own. Compensation levels also depend on competition.
"Nixons did not make everyone buy into the Government plan."
Everyone that is employed must pay into the plan.
"And you are correct, this is a relgious thread not public policy or economics."
So, why did the Bishops fail to condemn Lord zero's mandate as theft. Does people's earnings belong to Lord zero's mob, or any other mob that happens to hold a political majority? Is this like a platation?