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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)DE
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22
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1,681
Joined
2 yr. ago

  • TL;DR: you paying in now is funding paying out now.

    Your contributions fund today's recipients. When you eventually become a recipient then the contributors of that day fund you.

    This is the way of all superannuation funds around the world, they rely on the current generation of workers to fund the previous generations' retirement (or the current generations' disabled, etc.)

    It's basically a pyramid scheme.

  • They are terrified that the Trump admin will nuke the whole thing at any moment, and are trying to buy people time.

    You're probably lucky enough to be in the jurisdiction of someone or some team that is actually empathetic.

    Unfortunately, they'll be the first against the wall when the doge comes.

    Good luck mon ami (from someone outside the US, looking in in horror).