October 11, 2004

BBC NEWS | Business | Millions facing pensions 'misery'

Another example of how yesterday's social support policies, whether pensions from the state in Britain or Social Security are running headlong into the demographic time bomb as life spans increase while population and active workers do not not keep pace to support retired and retiring workers.

When will the political will be strong enough to fix this? Probably not before the problem reaches crisis proportions.

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