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From: tron@fluke.UUCP (Peter F. Barbee)
Newsgroups: net.women
Subject: Re: Orphaned Response
Message-ID: <673@vax1.fluke.UUCP>
Date: Tue, 26-Jun-84 16:09:06 EDT
Article-I.D.: vax1.673
Posted: Tue Jun 26 16:09:06 1984
Date-Received: Sun, 1-Jul-84 02:17:22 EDT
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Organization: John Fluke Mfg. Co., Everett, WA
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We already discussed this once but I liked the topic then too.

Anny mentions "the company" in the case of pension plans being your employer
but actually it is usually still an insurance company.  The benefits plans
are purchased at a rate that includes such factors as # of employees, past
expenditures by ins. co. for these employees, and probably many more.  I
think the employer has now done their job of providing equal benefits, they
don't care if you smoke, are overweight, or whatever, just get your job done.

While the employer has some responsibility to find an insurance co. without
a sexist point of view they have an equal responsibility to obtain the cheapest
rate.

Much has been written about annuities and other financial vehicles but I think
we can actually ignore that.  To me the bottom line in any pension plan is
the more you put in the more you get out.  I don't know the correct answer
to this in terms of life expectancies and women's rights. Maybe we won't
have this problem much longer, as I understand life expectancies are evening
out between women and men. 

				Peter Barbee

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