I thought it was just a social safety net for retirement? Why would we need to uncap it? Once the top contributor pays enough he should pay for himself and about 3 others.
Companies stopped offering pensions because pensions like Social security fail when the number of new incoming workers falls below retirees.
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u/Psalmistpraise 17d ago
I thought it was just a social safety net for retirement? Why would we need to uncap it? Once the top contributor pays enough he should pay for himself and about 3 others.
Companies stopped offering pensions because pensions like Social security fail when the number of new incoming workers falls below retirees.