Tuesday, April 1, 2025

Know what the Gold Standard of retirement savings is called, and don't be scamed again.

 

Dear Friends of The Defined Benefit Plan,

Misinformation like what I read today motivates my actions.


https://www.investopedia.com/this-florida-town-is-top-ranked-for-retirees-11693868?hid=7384e07948e16fedfa221ddb8a97ac3942a4787b&did=17124830-20250401&utm_campaign=investopedia-daily_newsletter&utm_source=investopedia&utm_medium=email&utm_content=040125&lctg=7384e07948e16fedfa221ddb8a97ac3942a4787b&lr_input=fa63812332ddf0517412b8def7e4e5af2799024ba2d53a45005d8a9b896cbc9f&utm_term=midday

A Defined Benefit is, according to Investopedia:


https://www.investopedia.com/ask/answers/032415/how-does-defined-benefit-pension-plan-differ-defined-contribution-plan.asp

Let’s advocate for our right to the 130-year-old Defined Benefit Plan of the Chicago Teachers’ Pension Fund. I would appreciate it if you could share this with your readers. Tina Padilla (PAG oversight representative)

 

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