"John Galban" wrote

StellaStarr wrote:
You seem to think a pension is some kind of welfare.
It's money you arranged to have taken out of your paycheck, to save
up for retirement.

I think you missed the boat there Stella. I'm not sure what you're
describing, but it is not a pension.

From the Wikipedia...the on-line encyclopedia:

A "pension plan" or "retirement plan" is an arrangment by which an employer
(for example, a corporation, labor union, government agency) provides
income to its employees after retirement. Pension plans are a form of
"deferred compensation" and became popular in the United States during the
1930s, when wage freezes prohibited direct pay (in the form of salary) to
increase.

John...note the "deferred compensation" part. Sounds sorta like what
Stella wrote.

Bob Moore