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Pastimes : SCDL....a new public offering. -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (7)	1/30/2000 5:07:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 68

She said that not many there invest for retirement - because the State takes care of things. Needless to say, I have been urging her to get into the market! Right on! I moved to the markets around 2 years ago, in April 98,lol. You are right, the "state" whatever that is cares for the retired. But how long? The state can not afford it, even when my employer and I pay together 42.0% of my gross for social insurance (80% of that amount goes to for pension payment), besides taxes. they just discuss a further reduction of compensation for future retirees...but the payments won't be reduced.