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Wednesday, August 17, 2005

A Question About Pensions

I’m working on something longish right now and was hoping the brilliant (and quite sexy) readers of ResurrectionSong will have some insight. Are there any successful long term pension plans being run by either governments or corporations? Or are all retirement programs due to fail because of bad planning, over-promising, idiotic expectations, and excessive benefit increases?

That is, does anyone have an example of a pension program (or social security program) that is a success in terms of maintaining long term funding for its recipients, providing a fair pension, and exhibiting good long-term planning?

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