@BowsacNoodle @Polfusilier It's fundamentally dishonest. "I'll gladly pay you forty or fifty years from now for work you do today." There's no guarantee those companies will be around a decade from now, let alone when you want to retire. Older workers ALWAYS screw younger ones to make sure their pensions remain intact. Want a raise? Can't, gotta fund the pensions. We need more guys? Can't, pension obligations. Equipment repairs or modernization? You guessed it, the pension gets that money. And all of that doesn't stop pension funds from going insolvent anyway. And to top it all off, pension funds are just stock accounts anyway, so why keep up the pretense? It's a nice idea, but like most ideas like that, if you spend more than a moment thinking about it, it falls apart.