#PensionPlans are designed in a way that younger population pays for the retirement of older population.

This is known as a pay-as-you-go system. When a worker contributes to a pension plan, their money is not saved for them individually. Instead, it is used to pay the benefits of current retirees.

Does this sounds like a #ponzi?

https://youtu.be/Hk-aakT17_A?si=MJ0Zb4gF_QrbvY-G

Reply to this note

Please Login to reply.

Discussion

No replies yet.