3 ms·
People can always retire later I guess. Pensions are kind of a luxury if someone is fit and healthy.
by HPsquared 4y ago
People can always retire later I guess. Pensions are kind of a luxury if someone is fit and healthy.
- Izkata 4y agoFrance is trying this. It's not going well.
- HPsquared 4y agoEhh, the French will find any reason to have a riot. The Japanese will not riot for any reason, ever.
- linguae 4y agoUmmmm, Japanese people have rioted before. While riots have been very rare in recent decades, the decades after WWII had riots, including the rather legendary riots over the construction of Narita Airport (https://en.m.wikipedia.org/wiki/Sanrizuka_Struggle https://en.m.wikipedia.org/wiki/Sanrizuka_Struggle). There was even a riot in 1973 that broke out by train commuters who were enraged that they couldn’t get to work due to striking train workers back when the JR system was nationalized: https://youtu.be/7QUfszx22w4 https://youtu.be/7QUfszx22w4
- HPsquared 4y agoIronic that the 1973 riot was against striking workers. I think that's the exception that proves the rule!
- an_ko 4y agoI checked. They will, for some reasons, sometimes: https://en.wikipedia.org/wiki/Category:Riots_and_civil_disorder_in_Japan https://en.wikipedia.org/wiki/Category:Riots_and_civil_disor...
- HPsquared 4y agoOk, perhaps very occasionally. That list has nothing from the last 50 years and includes spontaneous folk music concerts, though. I'm sure France has had more civil unrest in the last 5 years, than Japan has had in the last 50.
- deleted 4y ago[deleted]
- pixl97 4y agoThe likelihood of someone being fit and healthy drops significantly as age increases. An apt analogy is attempting to use a part in a machine after its replacement interval. Yea, it may keep going, or it may fail spectacularly and cost your more than using a new replacement part. Simply put, most people past a particular age are going to have reduced economic output due to frail bodies and weak minds.
- HPsquared 4y agoI am proposing that parts are replaced based on condition, not an arbitrary fixed service interval. Condition monitoring increases efficiency. Also, if it ain't broke, don't fix it: retirement can often cause its own problems, just as replacing parts unnecessarily in a machine can cause problems.
- pempem 4y agoI have to assume you're not 60 and still working and thinking about how to pay your bills. Pensions are used by corporations to keep their spend and employee population predictable. It's lovely when it works out for the employee but its not the primary goal. I would debate whether its a luxury when you've locked yourself out of market growth in the hopes of a soft landing when older. Also "If someone is fit and healthy" is far more than a series of personal decisions and age catches up with you fast. Once you also combine with that the changes in tech, and in the workplace in general, you'll see fewer and fewer options for that luxury pension