Archived posting to the Leica Users Group, 2011/03/13

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Subject: [Leica] Government and school pensions
From: red735i at earthlink.net (Frank Filippone)
Date: Sun, 13 Mar 2011 16:08:45 -0700
References: <AANLkTikSw38YyYSxGfuxM4edxVTg8h0TvBYBuDp_Xc2D@mail.gmail.com> <26075ACF-042C-4D77-9333-C55394821CE4@embarqmail.com> <BAFD30D1-97D6-427F-BE80-1BF8DFB5DBFC@mac.com>

But it was expected they would die from old age 3 years after retirement...
62 and 65 years old......

Now we retire at 62 ( or 55 if you are a fireman or policeman) and die at
85.....

Pension plans never thought that would happen....at least the old time
ones.....

Frank Filippone
Red735i at earthlink.net


> But, let's not forget. Pensions were one of the things management used as
a bargaining tool to keep wages down. Employees were persuaded to work for
less today on the promise of being cared for after retirement.





Replies: Reply from imagist3 at mac.com (George Lottermoser) ([Leica] Government and school pensions)
Reply from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Government and school pensions)
In reply to: Message from lrzeitlin at gmail.com (Lawrence Zeitlin) ([Leica] Government and school pensions)
Message from ricc at embarqmail.com (Ric Carter) ([Leica] Government and school pensions)
Message from imagist3 at mac.com (George Lottermoser) ([Leica] Government and school pensions)