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|Are America's Pensions in Peril?|
Mar. 26, 2015
"[P]ension policy in the United States has failed millions of Americans struggling to save enough money and all these conservative think tanks are spreading dangerous myths telling us that DC plans 'offer cost stability for employers, transparency for taxpayers and portability for public employees.' The only transparency DC plans offer is that they will ensure more pension poverty down the road, less government revenue (because people with no retirement savings won't be buying as many goods and services), and higher social welfare costs to society due to higher health and mental illness costs."
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