ixtility on Nostr: “Every day, I experience great anxiety knowing my hard-earned pension is funding ...
“Every day, I experience great anxiety knowing my hard-earned pension is funding climate collapse.” https://www.capradio.org/articles/2023/07/02/will-californias-largest-pensions-calpers-and-calstrs-divest-from-fossil-fuels/
The paradigm of “growth” underlies public and private pension provision: workers’ and employers’ contributions are invested in a way that grows the size of the pot so after several decades of work there is enough to fund retirement.
Is this still realistic? (It’s not moral in a world of limited resources)
The paradigm of “growth” underlies public and private pension provision: workers’ and employers’ contributions are invested in a way that grows the size of the pot so after several decades of work there is enough to fund retirement.
Is this still realistic? (It’s not moral in a world of limited resources)