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Agreed, but if the employer goes bankrupt

Posted on: April 10, 2025 at 12:31:17 CT
Mormad MU
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then that pension is either backed by the government or by insurance/reinsurance, is it not? I don't think you see many fully funded plans.
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Should someone care that has no debt a good pension...who - Logan STL - 4/10 12:22:09
     What supports your pension payment? - Mormad MU - 4/10 12:24:07
          That is correct. So a person couldn't entirely depart from - Logan STL - 4/10 12:33:58
               And even then, you'd have to worry about the currency - Mormad MU - 4/10 12:36:10
                    Gold ticked a lot of the boxes of what makes a good unit of - JeffB MU - 4/10 12:47:31
                    That puzzled me also...what made gold the standard? (nm) - Logan STL - 4/10 12:39:05
                         Why Did the World Choose a Gold Standard Instead of a Silver - JeffB MU - 4/10 13:08:34
                              Thanks...interesting. (nm) - Logan STL - 4/10 13:15:24
                                   yw, glad it was of interest to you. (nm) - JeffB MU - 4/10 15:42:07
                         It's called the Gold Standard, you couldn't really use - DHighlander NWMSU - 4/10 12:40:58
          What you say is correct but individual's pension benefits - DHighlander NWMSU - 4/10 12:29:49
               Yes, I'd agree with that - largely not an issue except for - Mormad MU - 4/10 12:33:59
          RE: What supports your pension payment? - sks MU - 4/10 12:27:55
               Agreed, but if the employer goes bankrupt - Mormad MU - 4/10 12:31:17
                    Most of the teacher only pension plans are fully funded. - DHighlander NWMSU - 4/10 12:39:46
     I'm not sure, Yoda (nm) - 90Tiger STL - 4/10 12:24:00




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