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Len8
Joined: 12 Feb 2003
Location: Kyungju
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 Posted: Tue Mar 01, 2005 8:55 pm Post subject: National pension fund could go broke in the future |
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read that that the fund isn't getting the return on it's investments like it used to. That poweres that control it have always invested the money in blue chip stock like POSCO and a few others, but the returns aren't generating the money thet want to give back to it's members.
Companies are now being asked to run their own pension funds. We could see a massive shift from the national pension fund to private funds, and that will mean Australians, New Zealanders and Brits might be able to get there donations plus contributions back |
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manlyboy
Joined: 01 Aug 2004
Location: Darwin, Northern Territory, Australia
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| Posted: Tue Mar 01, 2005 9:38 pm Post subject: |
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As much as I've enjoyed throwing that money down the toilet every month, it would be nice if they stopped asking me to kick in for someone else's rent.
Links please, Real Reality. |
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