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kallend 2,131
***Quote
Now, when it comes to restrictive labor practices, that is another matter entirely. As is using members' dues for political purposes.
Then again, corporations make political donations too, that may be quite contrary to the views of individual stockholders.
True. However I am not forced to own stock in a corporation that makes political contributions I dislike. Same cannot be said for Union members.
You're lucky, then. I have no effective control over where my pension fund is invested. I suspect this is true of most pension plans.
The only sure way to survive a canopy collision is not to have one.
rehmwa 2
Many of us have to save up on our own for retirement.
I'd love to have back the ~7% I've contributed to Social Security since I started working. -- to invest privately (even starting now, although if I'd have started investing since the mid 80's I'd already be retired very comfortably).
Heck, for that 7%, the government can even keep the matching amount my employer had to put in......
I'd still be better right now than I will be in 30 years if I had to rely on SS.
and some people still get pensions...
nothing personal, just pensions are a thing of the past and every single person I know who has one either doesn't appreciate it and/or is very liberal concerning their retirement funding
edit: yeah, this is disjointed except for the whole saving for retirement theme
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Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants
kallend 2,131
QuoteHey - you have a pension? That's fortuneate, and a huge drain on many companies. For manufacturing companies, it could be the kiss of death if profit margins reduce and the retired force increases, etc...
Many of us have to save up on our own for retirement.
I'd love to have back the ~7% I've contributed to Social Security since I started working. -- to invest privately (even starting now, although if I'd have started investing since the mid 80's I'd already be retired very comfortably).
Heck, for that 7%, the government can even keep the matching amount my employer had to put in......
I'd still be better right now than I will be in 30 years if I had to rely on SS.
and some people still get pensions...
nothing personal, just pensions are a thing of the past and every single person I know who has one either doesn't appreciate it and/or is very liberal concerning their retirement funding
edit: yeah, this is disjointed except for the whole saving for retirement theme
I pay into my pension plan, It comes out of my paycheck! I have no option. It is just part of the compensation package for the job.
Why is it lucky? I don't think it's any luckier than having a high salary and being responsible for your own retirement funding.
However, my good luck is beside the point:
The point is that practically everyone with a company sponsored pension plan in the USA (and that's millions of people) are forced to invest in corporations whose political contributions they may disagree with. In that sense, I see no difference between that and the political contributions of labor unions.
The only sure way to survive a canopy collision is not to have one.
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mh
Not necessarily. Many pension fund investments are out of the control of the individual, and pension funds are the largest single source of investment in the US. I have no clue in which corporations my pension is invested. I could find out but even so there's not anything I can do about it.
The only sure way to survive a canopy collision is not to have one.
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