Unless you're burying canned food, there's very little time-transfer of real goods and services involved in pension schemes. Current production is current consu

Unless you're burying canned food, there's very little time-transfer of real goods and services involved in pension schemes. Current production is current consumption. If current retirees didn't pay "enough" into the pension system, the people getting screwed by that are past pensioners, who did not get the level of consumption that economic conditions warranted.