Experts are warning that keeping pension spending at its current level is unsustainable. The issue needs to be addressed now to ensure adequate pensions in the future.
Do you know the feeling when go into the fridge and open the milk, and there’s the tiniest little drop in the carton? Technically, there is still some left, and when you then use it, the burden will be on you to replace it. “Fine,” you sigh. The person who got there before you clearly thought leaving a dribble meant they could avoid going to the shop themselves. The remaining splash makes it someone else’s problem – yours.
It’s more annoying than if they’d just used the whole thing and come clean. Knowing there was no milk left, you could have planned and got a new carton for your tea, which now of course is hideously dark. While think-tanks and policy wonks are warning us that it’s unsustainable to keep pension spending at its current level, nobody seems to be addressing the issue now even though it’s clear what direction we’re going in. Alternatively, we can wait and force future generations to solve the issue of how we provide adequate pensions in a sustainable wa
State Pension Spending Unsustainable Think-Tanks Policy Future Generations