Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

It is important to keep in mind how these pension schemes are funded. Already now over 40% of Danish government expenses go towards social security a large part of that is pensions.

With a growing population of pensioners and a declining population of taxpayers many EU countries are walking towards a future where it is abundantly clear that the state can not finance pensions. Especially when at the same time their companies loose their economic competitiveness.

I do not believe that raising the retirement age in 15 years will be of any major help here. And it seems especially outrageous for the younger generation.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: