I hear this a lot about social security in the US as well, that it will fail. I would characterize it as degrading instead of failing. If the workforce declin

I hear this a lot about social security in the US as well, that it will fail. I would characterize it as degrading instead of failing. If the workforce declines there will be fewer payers into social security or pensions, then folks paying into social security will have to pay more, recipients will get fewer benefits, or the government will print money