Re:The End of Retirement (2014)
by ajsnigrutin on Thursday May 20, 2021 @04:56AM
(#27218931)
> Those with good incomes subsidize those with low incomes,
This keeps the average values the same (that's why I used the average example)
> and everyone subsidizes those with no income.
This seems to be an ongoing problem, where we on one side need workers, and on the other side pay unemployment benefits to people who don't want to work. This is then translated to pensions, where people who work only eg. 10 years (instead of 40) get a small pension, but still more than the share they paid into the fund.
This keeps the average values the same (that's why I used the average example)
> and everyone subsidizes those with no income.
This seems to be an ongoing problem, where we on one side need workers, and on the other side pay unemployment benefits to people who don't want to work. This is then translated to pensions, where people who work only eg. 10 years (instead of 40) get a small pension, but still more than the share they paid into the fund.