Coronavirus Is the Tipping Point That Just Upended Pensions

They bet big, they lost, and if they don’t get bailed out, checks to retirees will start bouncing soon

Byrne Hobart
Marker
Published in
9 min readApr 2, 2020

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Photo: Chandan Khanna/Getty Images

AA pension is designed to be the most boring investment imaginable. Here’s how it’s supposed to work: Every paycheck, some of your money gets automatically invested in a fund. When you retire…

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Byrne Hobart
Marker
Writer for

I write about technology (more logos than techne) and economics. Newsletter: https://diff.substack.com/