Oddbean new post about login | logout From the EU Commission https://image.nostr.build/bf750efb90cebae37ca0eab730929b72c8630ce2a9014f094d4bab743cef0673.png With retirement age being 67 by 2029 this means that the average German man gets to enjoy his retirement for approximately 10 years. So why do we pay into pension and social security for ~50 years?
Bigest scam after tax.
100%. The entire system is designed to keep average Joe poor and in debt.
And most pension funds institutions are in debt 🤷♂️
that too
Another consideration is that based on these numbers, women disproportionately are given 44% more benefit than men on average based on time.
100%
Because we need to pay for the other people's retirement even those who didn't work, and for the people who reach 100 years. Lol. Even for the insurance of people destroying their selfs with sugar, alcohol or risk sports. I believe they call it wellfare state. p.s. Every minister gets a life pension even if they only stood in the position for 1 day. We need to pay for that too
they can just print that money or perhaps spend less on foreign affairs and armed conflicts and spend the money where it should be spend.
good question i pay about 18% retirement per month i would rather buy bitcoin with it
My mum worked 50 years, always pays her dues and right now she doesn't even have money in the third week of the month. Absolutely ridiculous. If people in their 20's or early 30's think that they'll still cash in on their pension they're delusional.
Consume and die.
work, pay, die.
free healthcare: recent birth of grandson, said complications @ hospital ended up with 1/4 mil bill approx to be paid by taxpayer, baby is fine & was just monitored for a few days
