Saving Retirement
Because of continuing increases in life expectancy, the number of eligible retirees is rising more rapidly than the tax revenue available to finance public pension benefits. The best solution would be to enact legislation that keeps constant the average life expectancy at the age of eligibility for full benefits.
https://prosyn.org/lwwSZiT
CAMBRIDGE – Public pension programs around the world are in financial trouble. Because of continuing increases in life expectancy, the number of eligible retirees is rising more rapidly than the tax revenue available to finance benefits.