By the year 2030 50% of the population will be required to support the other 50%. This is obviously unsustainable. This situation is even worse in the USA. The largest voting block by then will be at or near pension age, do you think they will vote to give away their standard of living? What is the answer. !5% compulsary super,higher taxes or higher immagration? Or just play "I'm alright Jack"?
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- retirement age should be raised to 67
retirement age should be raised to 67, page-21
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