(Sidebar here to say that market-based pensions are a scam, a way to force workers to gamble in a rigged casino for the chance to enjoy a dignified retirement; the #DefinedBenefitsPension, combined with adequate #SocialSecurity, is the only way to ensure secure retirement for all of us)
https://pluralistic.net/2020/07/25/derechos-humanos/#are-there-no-poorhouses
5/
#definedbenefitspension #socialsecurity
RT @doctorow@twitter.com
Think of how US firms ended #DefinedBenefitsPension that guaranteed you a dignified retirement, in favor of market-based #401Ks that forced you to gamble your savings in a rigged casino, making you the sucker at the table, ripe for the picking:
https://pluralistic.net/2020/07/25/derechos-humanos/#are-there-no-poorhouses 67/
#definedbenefitspension #401ks
Think of how US companies ended the #DefinedBenefitsPension that guaranteed you a dignified retirement, replacing it with market-based #401K pensions that forced you to gamble your savings in a rigged casino, making you the sucker at the table, ripe for the picking:
https://pluralistic.net/2020/07/25/derechos-humanos/#are-there-no-poorhouses
32/