Comment by lenerdenator

> You can’t solve that by taking away existing pensions.

Of course you can, especially when you look at the public debt racked up by the generation that is now retiring. Now, there will likely be consequences come election time, but math is math. The current generation of retirees spent too much and did too little to cover the costs over their working lives.

> If that’s your preferred method of balancing budgets then expect no sympathy when your company cancels your RSUs

I don't have RSUs at my current job. A significant plurality, if not majority, of laborers today don't either. If you're making $50k doing clerical work, have no RSUs at the company, and the company is having to make all sorts of cuts to meet pension obligations, what do you care about equities and their effects on current retirees?

At the job that I had that did have RSUs, I got about $3k, pre-tax, for all of them when the company was acquired by Oracle after about four years of cancelling raises, downsizing, and restructuring. I would have been far better off if that time had been spent by management giving COLA raises, if nothing else, given that this coincided with the COVID housing price and consumer goods inflation trend.

RSUs only really matter if you get a metric crapload of them, whether over decades or as a part of your compensation package, and only executives get that kind of volume.