Hacker News new | ask | show | jobs
by tonfa 2716 days ago
What's the issue with what they are doing? Isn't it the case for most pension system that the retirement age has been increased over time to make up for life expectancy improvements?

Also the assets under management sounds pretty standard compared to similar funds in Switzerland.

1 comments

The issue is that other people subsidize this luxurious lifestyle.

For example, in Germany it takes 1100 pensioners who are forced to pay "public" television fees to finance the pension and lifestyle of a single ZDF bigshot.

This includes people who are barely above social security level.