Funds are managed by the government
Yikes, that's like social security. I bet I never see it or it won't buy much with inflation kicking in. The cost of living adjustment is minuscule every year.
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Actually I'm going to detail it in my post later today, to show how an old and obsolete system it is. It's a ripoff actually.
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Beyond ripoff
It’s a fraud and ponzi
It is indeed, a legal one unfortunately :)
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Socialist insecurity is more like it!