• derf82@lemmy.world
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    1 year ago

    Or more accurately, social security should be a proper national pension plan. Fund it by increasing contribution rates and uncapping contributions.

    I stick with my underpaid government job solely for my state pension. At 55, I can start to get 70% of my final salary guaranteed, with annual COLA adjustments. I may not be rich in retirement, but I can get by.