> The problem with pensions is that they need a pyramid age distributions No, they don't, necessarily. There is a balance to be struck with regard to magnitude

> The problem with pensions is that they need a pyramid age distributions No, they don't, necessarily. There is a balance to be struck with regard to magnitude and length of pension payments. 2-3x the pension income of a full-timer seems excessive at a glance. That doesn't disprove the existence of a reasonable pension scheme.