IPO Mania - Retirement funds
Posted Jan 18, 2008 1:54 UTC (Fri) by giraffedata
In reply to: IPO Mania - Can lithium help?
Parent article: Ten-year timeline, part 2: the bubble days
There seems to be some implication that retirement funds losing money in the stock market means retirees lose money. Retirees lose money only if the employer, who actually owes the pension, also goes broke. In many cases (required by law I think), the employer also has insurance, so the insurance company and all its reinsurers also have to go broke for a retiree to lose money.
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