zlacker

Because it isn't sustainable.

Only a select few can acquire that kind of retirement and it's borrowed from everyone else. It's selfish.

The pension generations over spent and borrowed heavily to fund their retirement and lifestyles. The subsequent generations pay for that. It's selfish and short sighted.

>>chneu+(OP)
It's more sustainable than many other business practices. Nobody is worried about sustainability when CEOs are making hundreds of times more money than the average employee at the same company or when shareholders relentlessly enshitify everything so that they can keep getting more and more profit quarter after quarter.

pension plans were not only sustainable since they started in 1875, but the economy thrived and companies grew powerful while workers had them. Historically, some companies tried to screw over their workers and mismanaged their pension funds, resulting in problems down the line, but that was mostly greed.

>>autoex+I1
Funny how, when they talk about executive compensation, platinum-plated perks, corporate parties with lobster stacks and vodka fountains for the top brass, and of course, dividends and stock buybacks--not a peep about how sustainable it is. But when you talk about pensions and employee salaries, all of a sudden, everyone's so concerned about it being sustainable...