Pensions: The Future of Pensions
Nicola Bagala & Michael Nuschke examine the future of pensions & how they will be affected by the eventual defeat of age related diseases.
You may have nightmares about pensioners who are begging for money that you can’t pay. You beg for forgiveness, begging for mercy as you toss and turn in bed. There are just too many elderly people who need pensions, and not enough people young enough who can cover it with their contributions. The money is just not there for a social insurance system that was created in the 1930s when no one expected that people would live into their 80s or 90s. Your oneiric persecutors will not listen. They gave the country their best years and it is time to give them what they deserve.
In just 30 years the number of people aged 65 and over will increase to 2.1 billion. This is faster than any other group. How will your institution find the money?
Source:
https://www.leafscience.org/the-future-of-pensions/
