Leo Kolivakis
The global pension crisis is really a crisis of modern day capitalism. If we don’t figure out a long-term solution to this crisis, we risk having a new class of elderly poor who were cheated out of their pensions.
Global pension tension will not vanish. We are better off holding a summit to look into pensions and think of ways of bolstering retirement plans for future generations. Waiting for the ‘markets’ to rectify this crisis is like waiting to win the lottery. You might be lucky but who wants to gamble away the retirement dreams of millions of workers?
He offers an excellent review of global pension tension. Excerpts below.
Link: Pension Pulse [click to continue…]
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