The whole pension situation is going to blow up completely. As a GenX, I fully expect to have to work well into my 70's and then finally get a state pension (if I get one at all) completely inadequate to support me.
Boomers are the major political force, and so pensions are good now. But as soon as enough of them die off, GenY/Millenials will be the dominant demographic and all the remaining pension funds will get ransacked for benefits to the young.
A bit like Student Loans all over again (Boomers got their education for free, GenX had to pay, Millenials got shafted), except it'll just be GenX getting the finger this time.
Boomers are the major political force, and so pensions are good now. But as soon as enough of them die off, GenY/Millenials will be the dominant demographic and all the remaining pension funds will get ransacked for benefits to the young.
A bit like Student Loans all over again (Boomers got their education for free, GenX had to pay, Millenials got shafted), except it'll just be GenX getting the finger this time.