home.social

#definedbenefitspensions — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #definedbenefitspensions, aggregated by home.social.

  1. Cory Doctorow @[email protected] ·

    Once, workers had "#DefinedBenefitsPensions," where employers promised to pay a certain amount every year from retirement to death. #JimmyCarter swapped that out for #401Ks, "market" pensions where you have to guess which stocks will be valuable or starve in your old age:

    pluralistic.net/2020/07/25/der

    -

    If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

    pluralistic.net/2023/11/08/fid

    1/

    #definedbenefitspensions #jimmycarter #401ks