Trump OKs Pension Buyouts-Screws old pensioners

[Micawber]

https://www.cnn.com/2019/03/20/econo...ent/index.html


Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.

Make America Greedy Again!

[Sailor]

https://www.cnn.com/2019/03/20/econo...ent/index.html


Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.

Make America Greedy Again!

It is up to "grandma" if they take it or not. Otherwise nothing changes in their pension. That whole personal responsibility thing you liberals despise.

[canceled.2021.2]

https://www.cnn.com/2019/03/20/econo...ent/index.html


Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.

Make America Greedy Again!

Awesome. Love it

[Eagle_Eye]

https://www.cnn.com/2019/03/20/econo...ent/index.html


Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.

Make America Greedy Again!

Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation

Stop being such a fucking drama queen. No one is going to starve to death!!!! No one can be forced to take a lump sum retirement payment. They have the option to continue their current plan. Thus you are yelling wolf when there is no wolf!

[Vasquezrocks]

https://www.cnn.com/2019/03/20/econo...ent/index.html


Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.

Make America Greedy Again!

And that's great .....if grandma already knows she's dying .

[evince]

we don't teach people finances in this nation


these elderly often spend it out in five years leaving them impoverished

[canceled.2021.2]

They have gubmint run social security. They will be just fine. They paid into the system remember?

Or at worst, liberals will take them in along with the “refugees” they take in

[anonymoose]

Stop being such a fucking drama queen. No one is going to starve to death!!!! No one can be forced to take a lump sum retirement payment. They have the option to continue their current plan.

He knows that. He's just trolling. As usual. Notice when he posts stupid shit like that in an OP he never posts anything else in the thread.

[MAGA MAN]

That whole personal responsibility thing you liberals despise.

Bingo.

[Yurt]

https://www.cnn.com/2019/03/20/econo...ent/index.html


Big win for insurance and large companies, offering grandma a discounted lump payout
she could never recoup in the stock market, and when she runs out she will die of starvation
and Trump is happy, because big employers offload a huge liability at a 30% discount.

Make America Greedy Again!

You're such a liar. It has been law since 2006 according to your link. Also according to your link, it is entirely voluntary, they don't have to take the lump sum.

You are the most dishonest poster on this board. Taking the mantle from Evince must make you proud.

[Yurt]

He knows that. He's just trolling. As usual. Notice when he posts stupid shit like that in an OP he never posts anything else in the thread.

That makes sense. He knows he can't back it up his horse pucky. And theyay actually do better with mutual funds, stock market or real estate.

[archives]

It is up to "grandma" if they take it or not. Otherwise nothing changes in their pension. That whole personal responsibility thing you liberals despise.

True, but what happens when grandma burns thru her lump sum payment with a decade of life ahead of her? Or better yet, the young kid with a decade in decides he wants a new car now rather than security in the future cause he can't see beyond Tuesday?

The country will wind up with another class of poor Americans, the welfare grandma's, and all so that companies, who promised these pensions, can turn another buck

[archives]

That makes sense. He knows he can't back it up his horse pucky. And theyay actually do better with mutual funds, stock market or real estate.

Ask those who were planning to retire in 2008, guarantee they would give you a different answer

[Sailor]

True, but what happens when grandma burns thru her lump sum payment with a decade of life ahead of her? Or better yet, the young kid with a decade in decides he wants a new car now rather than security in the future cause he can't see beyond Tuesday?

The country will wind up with another class of poor Americans, the welfare grandma's, and all so that companies, who promised these pensions, can turn another buck

They starve due to their own stupidity.

[archives]

Awesome. Love it

Why? Or is that too difficult a question for you?