Published On Nov 17, 2023
You will learn, why the pay-as-you-go pension system is becoming increasingly unsustainable and what would be a better alternative system in such circumstances
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Timestapms:
00:00 Intro
00:28 Pay as you go
01:07 Unsutainable
01:22 History of pay as you go
01:44 Life expectancy
02:33 Birth rate
03:19 Old age dependency ratio
05:31 Parameters
05:49 Increasing retirement age
07:28 Increasing contributions
08:38 Decreasing pension benefits
09:26 General taxation
09:53 Better alternative
11:00 Transition
12:43 AI