There was a similar discussion in r/Luxembourg: https://www.reddit.com/r/Luxembourg/s/LgBHCJIlpu

Despite some reforms, are we still underestimating pension costs in Belgium?

To fellow young Belgians: how do you feel about demographic ageing? Do you think we will still have a pension?

Source: https://www.ft.com/content/9c3c1ec8-9ccf-46bb-977d-e877dcf564e6?




Subject-Analyst8931

5 comments
  1. Just so you know, when I was 19, I even had to do a survey (three couples) to enquire whether they thought they would have a pension. They all thought probably not. I am now myself at pension age.

  2. We could have taken measures 70 years ago., the situation we are in today was already clear then.

    But as always, politicians choose to think in terms of the next elections, not in terms of the next generations.

  3. This is an underestimate. On top of this you have to pay massive healthcare costs and care costs.

    Basically the boomers have mismanaged this catastrophically and unlike Italy and Greece they’ve not managed to reduce their demands.

    Quite frankly we’re badly positioned in Europe and terribly if you want to face global challenges. I think massive cuts are necessary and the money needs to be diverted to young people.

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