zlacker

>>rntn+(OP)
I always see the words pensions in civic deficit news. I'm early 30s and pensions are a concept that nobody my age or younger will ever benefit from yet is footing the bill for.

>>kyleho+mc
You’ve already benefited from them, by getting government services at a lower up front cost by acquiring labor with the promise of them on the backend.

(And, barring those promises not being fulfilled, plenty of people your age and younger have already been working in jobs that qualify them for pensions when they reach a certain age, or have a relative with such a pension with survivorship benefits, and will benefit from them as beneficiaries.)

>>dragon+zd
Most of today is the result of stealing from the future, and that strategy is running out of steam.

>>toomuc+de
Now financial instruments like pensions are stealing? In what way? Those workers worked for that pension. It’s funny how the top wealth owners have vacuumed up more and more wealth and you’re mad at the regular Joe working a 9-5.

>>ok_dad+Be
My city, Chicago, is one of the ones mentioned in TFA. We had about 15 years of pension holidays, where contributions were not paid and the the catch up payments were scheduled far into the future. It is now the future and the people who had their taxes artificially lowered have long ago retired to Florida. The workers are owed a pension but it's being paid by current workers not those who got the tax breaks.