In Finland: Pension payments are at all time high: 24.4% of my salary. It feels like a robbery.
@PM_ME_FLUFFY_SHIBES Sorry, to confirm, are you happy pensions are at 24.4% of your salary or mad?
Mad.
So the increase is because of inflation right? Raising rates for workers so pensioners get a cost of living adjustment?
The alternative would be, what I can only imagine to be, dubious taxation.
It’s because there are less (future) taxpayers than there are pensioners so we have to pay more.
Interesting, are those pensions going to old people regardless of accumulated wealth or is it just keeping poor old people out of poverty? If it’s the latter then I’m not sure it’s a thing to be mad about, if it’s the former then I’m interested in your ideas and would like to subscribe to your newsletter.
Regardless. Some of them are are already filthy rich, have multiple houses, etc. They don’t really need the money. Sure there are people who legitimately need it, but there should be an income limit to it IMHO. It gets raised almost every year. I consider it a pyramid scam.
ouch.