4 ms·
Why are the pensions unsustainable? The actuaries should be able to estimate how much a cohort will need on average reasonably well. The wage share has been d
by rileymat2 9y ago
Why are the pensions unsustainable? The actuaries should be able to estimate how much a cohort will need on average reasonably well. The wage share has been decreasing https://en.wikipedia.org/wiki/Wage_share https://en.wikipedia.org/wiki/Wage_share.
I suppose it is not sustainable to increase earnings and maintain pensions forever.
- GiorgioG 9y agoBecause most pension systems are not fully funded. http://www.governing.com/gov-institute/voices/col-public-pension-cuts-unsustainable-retirement-systems.html http://www.governing.com/gov-institute/voices/col-public-pen... https://www.cnbc.com/2017/10/18/state-pension-funds-continue-to-fall-behind-heres-how-much-you-owe.html https://www.cnbc.com/2017/10/18/state-pension-funds-continue...
- 8note 9y agothat seems like a different problem than pentions being inherently unsustainable.