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Showing posts with the label i hate pensions

Why I dislike pensions (but I'll take it if it's there)

Pensions.  What the heck is a pension?  A fixed amount, other than wages, paid at regular intervals to a person or to the person's surviving dependents in consideration of past services, age, merit, poverty, injury or loss sustained, etc.: or at least that is according to THIS website.   Well hey that doesn't sound too bad does it.  I myself as a public school teacher have been part of a pension plan ever since I got my first job.  You may think I would be excited to be a part of this plan, but I am not. In fact I am downright fearful.  First of all the state that I live in is known for corrupt government officials who have been part of various schemes that involve lining their pockets with a bunch of taxpayers money.  That money is probably also taken from the state teachers pension funds...so that blows. Second, I don't have any control of how that money is invested or saved.  I would much rather have that m...