Originally Posted by Sassy Squatch (Post 17631547)

Gotten to the point pensions are vastly inferior to 401ks unless you've got some very specific circumstances.

Originally Posted by ChiTown (Post 17631540)

My 26 year old Son is getting up to 6% matched and he puts in another 6% beyond that.

Originally Posted by Sassy Squatch (Post 17631547)

Gotten to the point pensions are vastly inferior to 401ks unless you've got some very specific circumstances.

Originally Posted by ChiTown (Post 17631551)

When I first started out of college (35 years ago) - Pensions and 401K's were both quite robust. Having both was pretty awesome, but fleeting for me. Once I left my first gig (after 10 years), I never saw another pension plan.

Originally Posted by Womble (Post 17631510)

Crazy. Here there's a requirement for employers to offer a workplace pension scheme and they have to contribute at least 3 percent of your salary if the employee contributes. If you're a professional you can expect anywhere from a 5% to 12% employer contribution. Also the government guarantees 90% of your total pension amount if you're in receipt of a defined benefit pension and the pension scheme goes tits up. Although there aren't many defined benefit pension schemes offered anymore. British communism has its benefits.

Originally Posted by Sassy Squatch (Post 17631558)

Just sucks it's relatively easy for companies to shirk their responsibility and leave the employee completely ****ed. Sometimes they don't even gat back what they've put in.

Originally Posted by BWillie (Post 17631586)

Its tough out there. My GF was laid off and has been looking for jobs for 5 momths maybe 6 now and has gotten...ONE interview. ONE stinking interview.

Originally Posted by BWillie (Post 17631586)

Its tough out there. My GF was laid off and has been looking for jobs for 5 momths maybe 6 now and has gotten...ONE interview. ONE stinking interview.

Originally Posted by IowaHawkeyeChief (Post 17631576)

Most companies of 50 or more employees offer a defined contribution plan which many have an employer match like you are stating. Also, those that do still offer a defined benefit traditional pension, it is fully guaranteed by the Pension Benefit Guaranty Corporation which is federally chartered. So very similar to your structure.

Originally Posted by Shiver Me Timbers (Post 17631594)

Everything I read/hear says the economy is fine and there are plenty of jobs. I am thinking showing some cleavage is key.

Originally Posted by Womble (Post 17631593)

Is your girl good enough to earn a living off onlyfans? DM me a picture and I'll offer my considerable wealth of knowledge.

Originally Posted by Womble (Post 17631598)

Kind of similar, although I take it that they're not legally obliged to offer a pension scheme and rather its a case of if they didn't then it would be harder to recruit/ retain staff.

Originally Posted by stumppy (Post 17631637)

Bullshit! Republicans have done their best to destroy labor unions in this country for decades.