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Reply to "Federal pension jealousy "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The only reasons pensions still exist is because the government does not care what anything costs. Companies got rid of them decades ago because pensions are *outlandishly* expensive. [/quote] Another delusional post. [b]There are far more people covered by private sector defined benefit plans than Feds with FERS[/b]. Yes, most companies got rid of them, but lots did not, and the private sector has far more employees . [/quote] For new hires? I would need a cite for that before I could believe it. [/quote] Just , to name some of them, the following fortune 500 offers a pension to their employees: Berkshire Hathaway PepsiCo MMM Southern Company ExxonMobil BB&T NuStar Pacific Gas & Company Coca-Cola Nextera Energy https://finance.yahoo.com/news/15-biggest-companies-offer-pensions-143402543.html [/quote] Probably around 5% in the private sector :lol: [/quote]
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