Quote:
Originally Posted by Good Old Neon
You’re confusing an individual with a corporation. I’ve already mentioned pensions, so yes, employees continue to receive income after retirement, until and even after their death.
I have a pension with my current employer, if I were to leave today, and go to work for a competitor, I would still, upon retirement, collect a pension.
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the difference being that the pension fund comes at least partially directly from a person's wages, which instead of being paid instantly is set aside to be paid out later. as a freelance webdesigner, i pay "charges" to a government agency which come out of the fees i charge my clients ; these charges go to fund my national health insurance and my retirement fund. if i want a bigger retirement fund, it's up to me to continue paying additional money into this fund, which again comes out of the money i earn on each project. i only get paid once for each project though, rather than getting paid repeatedly for the same work i did once.