James Wrigley
Region: AU
Friday 28 October 2022 22:11:02 GMT
4663
60
12
9
Music
Download
Comments
Yeah-Nah :
Defined Benefit Funds are mostly closed to new members because they were often very generous in retirement.
2022-10-28 22:26:03
0
Billy Long :
Thanks James I will b in SASS for 42years when I retire and I have paid 9% of my wage for the full 42 years as my contribution
2022-11-04 02:27:23
0
Yeah-Nah :
Thanks James for this TikTok. Superannuation will become even more important with fewer Australians being able to buy a home
2022-10-28 22:36:18
1
James Wrigley :
@yeahnahniggy I agree with all your comments
2022-10-28 23:31:59
1
Yeah-Nah :
DB funds are of maximum benefit for employees who A) work for the same employer for all their working life, or work in the same industry
2022-10-28 22:28:53
0
Yeah-Nah :
B) have a career path that sees good wage increases through to retirement as DB funds use final 2 years of employment to calculate benefits
2022-10-28 22:30:46
0
Yeah-Nah :
If the plan is to go part-time towards the end of your working life, a DB fund might not be suitable
2022-10-28 22:33:07
0
suitableorange71443 :
Quite a while ago….but unisuper(?) ran into serious trouble & one of the reasons was the amount of members who had defined benefits.
2022-10-29 12:11:05
0
💞 🐬𝕄𝔼ℤℤ𝕀𝔼🐬 💞 :
i have a defined benefit and i love it... i will be entitled to a lifetime pension in the end
2022-11-11 18:18:47
0
To see more videos from user @iamjameswrigley, please go to the Tikwm
homepage.
