The problem that I have with immigration as a solution to the retirement crisis is that it's a kind of Ponzi scheme. The population has to keep on growing to support retirees, but also support retired immigrants.
At some point the maximum possible population for a country will be reached, and then issues of a shrinking, ageing workforce supporting a growing army of pensioners will reassert itself.
I believe that coming up with a bundle of measures that can go some way towards resolving the issue makes more sense as a long term fix. Raising the pension age strikes me as a sensible first step.
At some point the maximum possible population for a country will be reached, and then issues of a shrinking, ageing workforce supporting a growing army of pensioners will reassert itself.
I believe that coming up with a bundle of measures that can go some way towards resolving the issue makes more sense as a long term fix. Raising the pension age strikes me as a sensible first step.