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From: jeffw@tekecs.UUCP (Jeff Winslow)
Newsgroups: net.women
Subject: Car insurance is not a pension
Message-ID: <3807@tekecs.UUCP>
Date: Sun, 27-May-84 03:48:29 EDT
Article-I.D.: tekecs.3807
Posted: Sun May 27 03:48:29 1984
Date-Received: Fri, 1-Jun-84 02:30:15 EDT
Organization: Tektronix, Wilsonville OR
Lines: 19

I'm not quite sure why people keep comparing insurance to pensions.
As I understand it, insurance is basically gambling - you bet the
insurance company something will happen to you, the company bets
it won't, and you get paid off if you "win". naturally, the company is
going to take the odds into account in deciding how much you have
to pay for a certain size payoff.

A pension is a kind of reward for extended service, offered as an
inducement to work at a certain place. It shouldn't have anything
to do with gambling or statistics. men and women should get equal
benifit from a pension (note - this does not necessarily mean equal
total funds). But differing insurance rates for men and women
reflect differing measured odds of an accident occuring, regardless of
whether one can imagine why those odds should be different or not.

It's not hypocrisy - it's evidence that the two kinds of payments are
more different than similar.

					Jeff Winslow