Which never were given to many people (so SS was the biggest source of income, even then), were insolvent, and make little sense for the mobility of a modern job market. I'd much rather get paid more, put that money into multiple places and plans I control, so if my company folds, I am not left with nothing.
And the historical evidence is that pensions were not what people now assume they were.
Which never were given to many people (so SS was the biggest source of income, even then), were insolvent, and make little sense for the mobility of a modern job market. I'd much rather get paid more, put that money into multiple places and plans I control, so if my company folds, I am not left with nothing.
And the historical evidence is that pensions were not what people now assume they were.
https://eh.net/encyclopedia/economic-history-of-retirement-i...