Posted by taxguru on February 22, 2007
Pension gap divides public and private workers – Government employees do seem to have much more set aside in their retirement accounts than those in private enterprise companies. Not that all private company plans are like Enron’s; but the fact that governments don’t go bankrupt (they just raise taxes) makes their pensions funds a lot more secure than with private companies. Who will be surprised to see the auto workers’ pension funds disappear?
Sorry, the comment form is closed at this time.
Tax Guru - Ker$tetter Letter 