Pensions often become bloated because it's easy for a politician to hand out future benefits to get current votes. It's hit-and-run gift giving: robbing the fut

Pensions often become bloated because it's easy for a politician to hand out future benefits to get current votes. It's hit-and-run gift giving: robbing the future Peter to pay the current Paul. An average politician's reign is roughly 10 years, but pension problems show up multiple decades later. We'd have to change our political incentive system to solve that. Same goes for national debt.