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Examples
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They only used 35 years of pay-in for the privatized system in order to show a “loss” for the privatized system.
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In subsequent comments, I made the point that it would be more fair and informative if the two plans were compared with equal pay-in times.
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In subsequent comments, I made the point that it would be more fair and informative if the two plans were compared with equal pay-in times.
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They only used 35 years of pay-in for the privatized system in order to show a “loss” for the privatized system.
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The method used assumed the person paid into the privatized account for 35 years as opposed to the 45 years normal pay-in for Social Security.
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The difference is that they've accumulated a fund, not a pay-in, pay-out system.
Nathan Gardels: Naomi Klein, Read Milton Friedman's Last Interview 2008
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Privatization is a means by which individuals can fund their own retirement and control the risk/reward through real equity, and not a Ponzi pay-in/pay-out scheme.
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Do the Government really think we'll believe that a Premiership footballer and his soap star wife use Gordon's Trust Fund with it's maximum pay-in allowance of just £1,200 per year?
Archive 2007-01-01 2007
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· Willingness to pay-in which people are asked how much they would be willing to pay to avoid certain risks.
Chapter 8 2000
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Too often the villagers will deliberately select a half-wit as their Sheha, knowing that he will cause them no trouble and that the other elders will in fact enjoy a portion of his pay-in return for having elected him.
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