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Problem with pension funds is that they promise a fix amount ( like 70% of your salary, the highest 5 years ) .
It is not possible to sustain such pensions, as there are too many variables, among the most important :
- expenctancy of life
- ROI on the actual fund
Workers getting pension funds should not get a a fixed amount, should be able to vote on who manages it , and should consider themselves lucky that their employer contributed half or more to their future.
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I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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