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AFAIK, pension age raise is driven almost entirely by demographic collapse of the developed countries. Specifically there are more people are retiring than ente
by TrainedMonkey 4y ago
AFAIK, pension age raise is driven almost entirely by demographic collapse of the developed countries. Specifically there are more people are retiring than entering the workforce. After that happens pension funds start bleeding money and something has to give. Pension age raise is a giant hammer, but the alternatives include raising taxes, making healthcare drastically cheaper, or Machiavellian tactics like banning abortions/contraception 20 years prior...
France already has high taxes and amazing work-life balance. I don't know much about state of medical industry to comment. However, if its not completely terrible, then raising the retirement age seems like the only knob that could be turned.