I grew up using this word all the time. It’s just one of the dumb words we said all the time. I only found out within the last couple of years that it’s considered a slur. Idk, I feel most people who are actually considered retarded and are competent enough to understand don’t actually care. But the reality is that any sort of “name calling” isn’t necessary. I grew up with a culture of all sorts of name calling, but just because I grew up with doesn’t mean it’s right.
But ultimately, language and the world changes and it’s just not acceptable to say anymore because it is derogatory towards a particular group.
I remember there were some cases of pensions disappearing about 20 years ago so you’re not imagining it. I can’t find any stories on it but yeah there were people who went to retire their pensions were just gone.
I found this on investopia while I was looking:
“A number of situations could put your pension at risk, including underfunding, mismanagement, bankruptcy, and legal exemptions. Laws exist to protect you in such circumstances, but some laws provide better protection than others.”
So maybe they all sued the out of those companies and tapped into past insurance policies to get paid and that’s why it’s not really talked about.
Bottom line is that if someone else has your money, it’s in their control. If you have the money in your 401k, you can watch it and control it.
https://www.investopedia.com/4-major-pension-problems-and-the-laws-that-protect-you-4692864#:~:text=A number of situations could,provide better protection than others