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- What? - I have asked again. - from plans of category DB to plans of category DC?- From pension plans of category DB to pension plans of category DC, it Mike has specified. It the same as also you, differences between these two types of plans, and distinctions, meanwhile, rather essential do not understand the majority of people. Of the majority of employees sitting round us still think concepts of pension plans of category DB, instead of DC and consequently do not worry. They simply do not understand danger of changes and their consequences in the future
- And when the sense of these distinctions will start to reach them? it I have taken an interest.
- It is necessary to wait long enough, it the rich daddy has responded. - I will risk to foretell that will pass from 25 till 50 years before people to the full realise consequences of this change in the law.
it You wish to tell, what we will start to notice changes somewhere around 2000?
it Yes is not present, you will start to notice changes much earlier, it the rich daddy has told. It but though people will notice changes, such as small liftings and recessions in the share market, it seems to me, they realise terrifying consequences of this change in the law not earlier than 2000 or later... Perhaps, even too late.
The bill for a dinner has been paid. When we rose because of a table, our liked waitress already wiped a cloth, going to serve the following group of clients.
it That you do to be prepared for future changes? it I have asked the rich daddy.
it I was already prepared and have constructed the ark, it he when we have gone out of doors has smiled. It these problems me will not concern. But they will be your problems. When consequences of this change in the law will be shown to the full, I here any more will not be. We with your daddy will go to a better world, and us will bury how the storm wave will fall upon this coast.
it Then that by means of this change in the law your generation shifts the problems on ours, it I have noticed to check up the relation of the rich daddy to the concept of a rearrangement of responsibility from the previous generation of a pas the subsequent, or, as in this case, problem rearrangements.
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