Remember that unlike San Jose and Oakland, SF doesn't have to spend 20% of its general fund on retirements for people who no longer work there because it has so many business HQs to generate tax revenue to offset pension liabilities and it's also a city-county.https://twitter.com/hknightsf/status/1134563915621265408 …
I mean, I don’t think they should’ve become a perk in the private sector either.... I have no idea how our generation is going to retire.
-
-
Pensions are how my grandfather retired from a private company ... my mother has a pension because she was a schoolteacher .... meanwhile we get defined contribution plans, which are the retirement equivalent of perpetuating wealth inequity into the grave.
-
My friend plans to retire at 45 and make money off passive investments and real estate properties and I'm like "good luck with that"
- 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.