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everyday it’s some new bs
7 upvotes, 3 comments. Yik Yak image post by Anonymous in US Politics. "everyday it’s some new bs"
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Anonymous 2w

there’s no like federal public pension. there are federal pensions, if you work for the feds. all retirement is a gamble to some degree already. nothing burger headline.

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Anonymous replying to -> #1 2w

so the move is not working for the gov and ig it does matter to those that hold fed work positions

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Anonymous replying to -> OP 2w

Whether or not you think the stock market is a good measure of economic improvement, it does go up faster than inflation which is the point of private retirement accounts. In certain states (NY, IL, NJ most notoriously…all blue states with atrocious levels of union influence), the public pension system was or is a mess because the government overpromised and underpaid. But that had little to do with how the money was invested, and a lot to do with insufficient stateside payments every month.

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