"Es handelt sich nicht um ein Pyramidensystem, sondern um ein ähnliches (Renten-)System, das wir in allen entwickelten Ländern haben"
Man nennt es ein Schneeballsystem, kein Pyramidensystem, aber vielleicht "Rentensystem" sollte ein eigenständiger Betrugsbegriff werden
https://yle.fi/a/74-20219925
Von Tracerneo
5 Kommentare
Can’t listen a podcast now but let me guess: the have cherry picked the forecast years until 10-15 years in the future where it momentarily gets little better so it looks good? And forgetting that the situation will be much worse after that.
It’s not just that I want a pension, I want that everyone retiring in 2050, 2070 and 2090 will also have pension. And thus we have to make changes to current pension by e.g. considerably reducing them until plenty have to be on toimeentulotuki. Atleast then those are forced to use their savings instead of leeching of younger people.
The mathematics behind pensions is pretty simple. In developed countries with falling birthrates (and thus low number of internal workers in the coming years) either you compensate with working-based immigration or you accept to reduce everyone pension. No way to create money.
Good to hear the system we will all depend on in the future when we get to pension age is not a pyramid scheme! Thank you government ♥️ /s
I don’t see it as very hard to define Finnish pension scheme as a pyramid scheme. It’s dependent on new entrants (healthy total fertility rate) to maintain the system. The people who set up the system and got the initial payments, had not paid for their benefits. The people who then had to pay for their benefits, paid significantly lower amounts than people nowadays, meaning their ROI was much higher. Current working age adults have shit ROI, because the earlier generations intentionally had lower payments, knowing they could steal from future generations.
Nowadays the pension system is in crisis, because we have terrible fertility rates, inverse population pyramid and the pre-existing working age adults are already taxed to hell, with maxed out pension payments on top of those taxes. Its why the retirement age keeps getting increased, because there is no room to increase the payments themselves. Increasing retirement age is just a indirect way of increasing payments (work for longer) and reducing benefits (less time spent in retirement) for the current working age adults.
This all stems from the fact that true, unpopular systemic changes are impossible in a democracy. Finland, with a massive pensioner (and soon-to-be pensioner) voting block, will never be able to solve this through democratic means. The problem will be solved when the situation gets bad enough and IMF or EU steps in and forces change, or working age people realize they don’t need to be slaves to pensioners. Latter is unlikely to happen.
It is a pyramid scheme. Or ponzi. Whichever. The sooner the whole thing is scrapped, the better. It will only get worse.