--- title: "Meaning & Key Takeaway of: Government pensions, built into law and…" description: "\"Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.\" — Nina Easton" image: "https://sms4smile.com/quotes/i/d7f/nina-easton-10426_envy_government-pensions-built-into-law-and-m_2939758.jpg" --- # Government pensions, built into law and mostly protected… ![“Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.” quote by Nina Easton](https://sms4smile.com/quotes/i/d7f/nina-easton-10426_envy_government-pensions-built-into-law-and-m_2939758.jpg) [Download](https://sms4smile.com/quotes/i/d7f/nina-easton-10426_envy_government-pensions-built-into-law-and-m_2939758.jpg) [Open image](https://sms4smile.com/quotes/i/d7f/nina-easton-10426_envy_government-pensions-built-into-law-and-m_2939758.jpg) > “Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.” [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Government pensions, legally protected and insulated from market volatility, are envied by the private sector. **In simple terms:** Public pensions are stable and coveted. Key Takeaway Consider pension stability. Themes economics public policy financial security Mood analytical concerned Type explanatory strategic When to use this quote - retirement planning - policy reform - investment strategy - employee benefits Key Concepts pension design market protection Questions to Reflect On - How can private pensions emulate public stability? - What reforms balance risk and reward? A Different Perspective Private sector may lack similar protections. ★ ★ ★ ★ ★ No ratings yet [Envy](https://sms4smile.com/quotes/about/envy/) [Government](https://sms4smile.com/quotes/about/government/) [Government Pensions](https://sms4smile.com/quotes/about/government-pensions-4377864/) [Investing](https://sms4smile.com/quotes/about/investing/) [Law](https://sms4smile.com/quotes/about/law/) [Law Protected](https://sms4smile.com/quotes/about/law-protected-3592694/) [Pensions](https://sms4smile.com/quotes/about/pensions/) [Pensions Built](https://sms4smile.com/quotes/about/pensions-built-4377865/) [Politics](https://sms4smile.com/quotes/about/politics/) [Private sector](https://sms4smile.com/quotes/about/private-sector/) [Stock market](https://sms4smile.com/quotes/about/stock-market/) ## Related quotes > [Government pensions are among the largest cost drivers for state and local governments.](https://sms4smile.com/quotes/bruce-rauner/government-pensions-are-among-the-largest-cost-drivers-for-state-and/) [Bruce Rauner](https://sms4smile.com/quotes/author/bruce-rauner/) > [The glory of justice and the majesty of law are created not just by the Constitution - nor by the courts - nor by…](https://sms4smile.com/quotes/robert-kennedy/the-glory-of-justice-and-the-majesty-of-law-are-created-not-just-by/) [Robert Kennedy](https://sms4smile.com/quotes/author/robert-kennedy/) > [The U.K. is one of the few places in the world that has final salary pensions.](https://sms4smile.com/quotes/jim-ratcliffe/the-u-k-is-one-of-the-few-places-in-the-world-that-has-final-salary/) [Jim Ratcliffe](https://sms4smile.com/quotes/author/jim-ratcliffe/) > [We need to cut the pensions and annuities of parliamentarians, regional councilors, and employees of constitutional bodies.](https://sms4smile.com/quotes/giuseppe-conte/we-need-to-cut-the-pensions-and-annuities-of-parliamentarians/) [Giuseppe Conte](https://sms4smile.com/quotes/author/giuseppe-conte/) > [Devolutionary reform will not provide a factory, a machine or jobs, build a school, train a doctor or put a pound on pensions.](https://sms4smile.com/quotes/neil-kinnock/devolutionary-reform-will-not-provide-a-factory-a-machine-or-jobs/) [Neil Kinnock](https://sms4smile.com/quotes/author/neil-kinnock/) > [There's no pensions for old prize fighters.](https://sms4smile.com/quotes/jake-lamotta/there-s-no-pensions-for-old-prize-fighters/) [Jake LaMotta](https://sms4smile.com/quotes/author/jake-lamotta/) > [I do believe in pensions.](https://sms4smile.com/quotes/richard-armitage/i-do-believe-in-pensions/) [Richard Armitage](https://sms4smile.com/quotes/author/richard-armitage/) > [The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain…](https://sms4smile.com/quotes/milton-friedman/the-only-reason-there-is-a-crisis-about-social-security-in-the-us-and/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [I would not be opposed to devising a new system of pensions, in which one part was based on collective provision, but which also…](https://sms4smile.com/quotes/jacques-delors/i-would-not-be-opposed-to-devising-a-new-system-of-pensions-in-which/) [Jacques Delors](https://sms4smile.com/quotes/author/jacques-delors/) > [In some cases, managers and employees have secured pensions beyond their original base salary. It is wrong, the people doing it know it's wrong,…](https://sms4smile.com/quotes/jerry-brown/in-some-cases-managers-and-employees-have-secured-pensions-beyond/) [Jerry Brown](https://sms4smile.com/quotes/author/jerry-brown/) > [I think there should be a law that would allow the Oireachtas to take pensions away from people. That would go for corrupt politicians;…](https://sms4smile.com/quotes/leo-varadkar/i-think-there-should-be-a-law-that-would-allow-the-oireachtas-to-take/) [Leo Varadkar](https://sms4smile.com/quotes/author/leo-varadkar/) > [You get behind some of the numbers, like the underfunded pensions in the US, and I'm not sure people even understand how wrong their…](https://sms4smile.com/quotes/ken-moelis/you-get-behind-some-of-the-numbers-like-the-underfunded-pensions-in/) [Ken Moelis](https://sms4smile.com/quotes/author/ken-moelis/) > [Many old people receive pensions for no other reason, it seems to me, but as a compensation for having lived a long time ago.](https://sms4smile.com/quotes/henry-david-thoreau/many-old-people-receive-pensions-for-no-other-reason-it-seems-to-me/) [Henry David Thoreau](https://sms4smile.com/quotes/author/henry-david-thoreau/) > [The old economy with careers and benefits and pensions is gone. There are scary implications to that.](https://sms4smile.com/quotes/chris-sacca/the-old-economy-with-careers-and-benefits-and-pensions-is-gone-there/) [Chris Sacca](https://sms4smile.com/quotes/author/chris-sacca/) > [I've never done any cross-party stuff. I've no interest in sitting down discussing pensions or whatever with Tories.](https://sms4smile.com/quotes/dennis-skinner/i-ve-never-done-any-cross-party-stuff-i-ve-no-interest-in-sitting/) [Dennis Skinner](https://sms4smile.com/quotes/author/dennis-skinner/) ## More by Nina Easton > [In May 2007, congressional Democrats and the Bush administration agreed to a plan to include environmental and international labor standards in upcoming trade agreements.](https://sms4smile.com/quotes/nina-easton/in-may-2007-congressional-democrats-and-the-bush-administration/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [The longer people are unemployed, the less employable they become. Skills become rusty; managers look more suspiciously at someone who has been out of…](https://sms4smile.com/quotes/nina-easton/the-longer-people-are-unemployed-the-less-employable-they-become/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Every journalist loves a peaceful protest -whether it makes news, shakes up a political season, or holds out the possibility of altering history.](https://sms4smile.com/quotes/nina-easton/every-journalist-loves-a-peaceful-protest-whether-it-makes-news/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Our pride is tied up in being right. We tend to favor data that confirm our beliefs, so we don't see alternatives. Too often,…](https://sms4smile.com/quotes/nina-easton/our-pride-is-tied-up-in-being-right-we-tend-to-favor-data-that/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Great leaders don't rush to blame. They instinctively look for solutions.](https://sms4smile.com/quotes/nina-easton/great-leaders-don-t-rush-to-blame-they-instinctively-look-for/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [A desire to rescue secular America from fallen grace has driven conservative evangelicals at least since the 1970s, when Jerry Falwell formed the Moral…](https://sms4smile.com/quotes/nina-easton/a-desire-to-rescue-secular-america-from-fallen-grace-has-driven/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Jobless workers, especially those out of work for months and years, don't have the skills to multitask in a fast-paced economy where medical workers…](https://sms4smile.com/quotes/nina-easton/jobless-workers-especially-those-out-of-work-for-months-and-years-don/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [We know this much about how Barack Obama plans to govern: He will deploy the fattest checkbook ever at the disposal of an incoming…](https://sms4smile.com/quotes/nina-easton/we-know-this-much-about-how-barack-obama-plans-to-govern-he-will/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Modern Americans - shaped by raucous politics and a rapacious media - like to think of themselves as experts in confronting mistakes.](https://sms4smile.com/quotes/nina-easton/modern-americans-shaped-by-raucous-politics-and-a-rapacious-media/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Globalization is stirring widespread economic anxiety, and middle class incomes have stagnated while a class of super-rich has emerged.](https://sms4smile.com/quotes/nina-easton/globalization-is-stirring-widespread-economic-anxiety-and-middle/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > ['George' exploits John Kennedy Jr.'s cult of celebrity at a time when Americans are hungry for icons, not heroes.](https://sms4smile.com/quotes/nina-easton/george-exploits-john-kennedy-jr-s-cult-of-celebrity-at-a-time-when/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Fame legitimizes. Being conspicuous gets confused with being illustrious.](https://sms4smile.com/quotes/nina-easton/fame-legitimizes-being-conspicuous-gets-confused-with-being/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [I've been awed by the incredible opportunities that automatically float to the Harvard undergrads I once taught - from building homes for the poor…](https://sms4smile.com/quotes/nina-easton/i-ve-been-awed-by-the-incredible-opportunities-that-automatically/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [Trying to decipher where President Obama really stands on free trade can be like trying to trace the U.S.-Mexico border with a Google map.…](https://sms4smile.com/quotes/nina-easton/trying-to-decipher-where-president-obama-really-stands-on-free-trade/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) > [A huge segment of the country has always felt overtaxed. In 1938, when taxes were roughly 17% of income, a 'Fortune' survey found that…](https://sms4smile.com/quotes/nina-easton/a-huge-segment-of-the-country-has-always-felt-overtaxed-in-1938-when/) [Nina Easton](https://sms4smile.com/quotes/author/nina-easton/) [Explore all 65 Nina Easton quotes ](https://sms4smile.com/quotes/author/nina-easton/) ## More Envy quotes > [The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white…](https://sms4smile.com/quotes/thomas-sowell/the-vision-of-the-left-full-of-envy-and-resentment-takes-its-worst/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [“He often remembered his dad's admonition that envy was mental theft. If you coveted another man's possessions, Dad said, then you should be willing…](https://sms4smile.com/quotes/dean-koontz/he-often-remembered-his-dad-s-admonition-that-envy-was-mental-theft/) [Dean Koontz](https://sms4smile.com/quotes/author/dean-koontz/) > [“I don't envy "busy." Busy means having a schedule, not living life. What I really covet is leisure and peace of mind. Those who…](https://sms4smile.com/quotes/donna-lynn-hope/i-don-t-envy-busy-busy-means-having-a-schedule-not-living-life-what-i/) [Donna Lynn Hope](https://sms4smile.com/quotes/author/donna-lynn-hope/) > [There is no sweeter sound than the crumbling of one's fellow man.](https://sms4smile.com/quotes/groucho-marx/there-is-no-sweeter-sound-than-the-crumbling-of-one-s-fellow-man/) [Groucho Marx](https://sms4smile.com/quotes/author/groucho-marx/) > [Thinking, or more precisely identification with thinking, gives rise to and maintains the ego, which, in our Western society in particular, is out of…](https://sms4smile.com/quotes/eckhart-tolle/thinking-or-more-precisely-identification-with-thinking-gives-rise-to/) [Eckhart Tolle](https://sms4smile.com/quotes/author/eckhart-tolle/) > [“Is it not strange that the more someone has, the less he feels he has? Envy can never be sated.”](https://sms4smile.com/quotes/jeff-wheeler/is-it-not-strange-that-the-more-someone-has-the-less-he-feels-he-has/) [Jeff Wheeler](https://sms4smile.com/quotes/author/jeff-wheeler/) > [I avoid envy at all costs.](https://sms4smile.com/quotes/claudia-winkleman/i-avoid-envy-at-all-costs/) [Claudia Winkleman](https://sms4smile.com/quotes/author/claudia-winkleman/) > [Sometimes I envy painters, it is wonderful to remain in front of a bouquet of flowers a whole morning, or even longer. A photographer…](https://sms4smile.com/quotes/edouard-boubat/sometimes-i-envy-painters-it-is-wonderful-to-remain-in-front-of-a/) [Edouard Boubat](https://sms4smile.com/quotes/author/edouard-boubat/) > [avarice breeds envy, a worm that is always gnawing, letting the avaricious enjoy neither their own nor anyone else's good.](https://sms4smile.com/quotes/st-catherine-of-siena/avarice-breeds-envy-a-worm-that-is-always-gnawing-letting-the/) [St. Catherine of Siena](https://sms4smile.com/quotes/author/st-catherine-of-siena/) > [“You don’t see someone flying and you begin to bite yourself for not being able to do that. You do what you can.”](https://sms4smile.com/quotes/israelmore-ayivor/you-don-t-see-someone-flying-and-you-begin-to-bite-yourself-for-not/) [Israelmore Ayivor](https://sms4smile.com/quotes/author/israelmore-ayivor/) > [Knowledge forbidden? Suspicious, reasonless. Why should their Lord Envy them that? Can it be sin to know, Can it be death? And do they…](https://sms4smile.com/quotes/john-milton/knowledge-forbidden-suspicious-reasonless-why-should-their-lord-envy/) [John Milton](https://sms4smile.com/quotes/author/john-milton/) > [“Who would have thought you had so many supporters?" she whispered. "Not mine, my love. Yours. I had not a one till you started…](https://sms4smile.com/quotes/michele-sinclair/who-would-have-thought-you-had-so-many-supporters-she-whispered-not/) [Michele Sinclair](https://sms4smile.com/quotes/author/michele-sinclair/) > [“Treachery is always a hairy caterpillar bred of a small butterfly called envy, no matter how lofty the principles involved.”](https://sms4smile.com/quotes/fazil-iskander/treachery-is-always-a-hairy-caterpillar-bred-of-a-small-butterfly/) [Fazil Iskander](https://sms4smile.com/quotes/author/fazil-iskander/) > [Yes, Clay Matthews has a long, golden, Fabio-esque flowing mane that most women would chick-slap someone for. 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