There may be a cash flow issue but those contributions from current employees come with bills and rights attached. On a balance sheet basis there are immediate savings. (View Post)

We are all terminally ill. No one gets out alive. (View Post)

It would be replaced with defined contributions. It would be a matter of negotiation what level these were at but they have the distinct advantage (from the employer’s perspective) of putting the ris… (View Post)

It really won't. Under whatever government it happens we will be looking at massive increases in tax and massive cuts in spending. All of us will be significantly poorer but inevitably those dependen… (View Post)

There are no easy or popular ways to resolve this problem, hence none of the parties being willing to face it. We certainly need to increase taxes and by substantial amounts. We need to cut the headc… (View Post)