logoalt Hacker News

tonyedgecombeyesterday at 12:52 PM1 replyview on HN

Not really. Their generation never paid enough to cover what they receive now.


Replies

pdonisyesterday at 10:13 PM

Was the pension supposed to be their entire support in retirement? Or were they expected to also put by additional retirement savings on their own? (Note, for example, that the US Social Security system is only supposed to provide about 40% of a retiree's expected necessary income in retirement.)