3 ms·
>The system is so underfunded The system is not underfunded, its main problem is the aging population. Or maybe even the system, in Spain, as in most countries
by josu 10y ago
>The system is so underfunded
The system is not underfunded, its main problem is the aging population. Or maybe even the system, in Spain, as in most countries in Europe, pensions are paid by the current generation, so the moment that the ratio of pensioners to workers becomes unsustainable the system will collapse.
>and corrupt
There is some corruption going on in Spain, that's undeniable, but I wouldn't say that the pension system is corrupt. What are your bases for that statement?