The Instigator
jakscrow
Pro (for)
Tied
0 Points
The Contender
debate_freak
Con (against)
Tied
0 Points

Defined contribution pensions are better than defined benefit pensions for the pensioner.

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Voting Style: Open Point System: 7 Point
Started: 7/2/2015 Category: Economics
Updated: 1 year ago Status: Post Voting Period
Viewed: 303 times Debate No: 77196
Debate Rounds (5)
Comments (4)
Votes (0)

 

jakscrow

Pro

The Khan Academy has two videos, pension obligations and Illinois pension obligations that I ask the opponent to watch prior to taking the debate. They're free to watch as a guest.
https://www.khanacademy.org...
debate_freak

Con

This topic is not important.
Debate Round No. 1
jakscrow

Pro

jakscrow forfeited this round.
debate_freak

Con

debate_freak forfeited this round.
Debate Round No. 2
jakscrow

Pro

jakscrow forfeited this round.
debate_freak

Con

debate_freak forfeited this round.
Debate Round No. 3
jakscrow

Pro

Most pension plans call for 7-9% returns. And the closer the pension returns are to actual returns then the funds arent fully funded. US Treasuries, which account for many pension funds 50% base, has hovered around 2-3% since 2007. How can the financial predictions have such disparity between actual bond rates vs estimated pension fund rates? Everyone involved, politicians, pensioners, pension fund managers, are living in financial fantasy land. Short term band-aids and save my job extensions need to be replaced with smart budgeting decisions. There should also be a universal standard per state. Citizens as well as pensioners need to be more involved in pension decisions while migrating to a defined contribution plan.
debate_freak

Con

debate_freak forfeited this round.
Debate Round No. 4
jakscrow

Pro

If you don't believe in miracles then it doesn't mean miracles don't exist.
debate_freak

Con

debate_freak forfeited this round.
Debate Round No. 5
4 comments have been posted on this debate. Showing 1 through 4 records.
Posted by salam.morcos 1 year ago
salam.morcos
I'll wait to see if someone wants to take on this. If not, I might accept.
Posted by jakscrow 1 year ago
jakscrow
I updated the proposal. Look forward to the discussion.
Posted by jakscrow 1 year ago
jakscrow
To the pensioner
Posted by salam.morcos 1 year ago
salam.morcos
Lol - That's my area of expertise. But beneficial to who? to the pensioner? to the company? or to both collectively?
No votes have been placed for this debate.