2009/09/14

Régime des Rentes

Article super intéressant concernant le programme de Social Security aux USA. Nous vivrons la même situation avec le RRQ ici.

No, it's not a Ponzi scheme as some folks claim. A Ponzi uses money from today's investors to pay yesterday's investors and -- the key element -- lies about it. Social Security, in contrast, doesn't lie about what it is: an intergenerational social-insurance plan, with today's workers supporting their parents (and disabled and survivors) in the hope that their children will support them. It's not a pension fund. It's not an insurance company.

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