Comments by "Bobby Loo" (@BobbyLoo-jr8ys) on "100 Million in China to Leave Social Security in 2024, Causing Mass Withdrawals and Crowded Offices" video.

  1. paying social security is not a security. The money paid now is to fund the thoese current in retirement.
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  2. paying to pension is NOT worth it. YOu don't know if you will get it back when you have retired. Also, the money you contribute is NOT in your control. However, if one opens a saving account, aka Pension saving, he/she has FULL control. ANd you will know the numbers and the interest rate! Rather than let the state handle your pension, you handle your own. Your in control!
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  3. I have no pension in CHina, bc Im a foreigner. I make my own pension from my high salary and part time.
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