The current situation for pension funds is uncomfortable. In the analysis of the causes, the majority of people today might believe that the main reasons for the tense situation are the persistently low level of interest rates and the increase in life expectancy since the start of data recording. As far as future developments and the corresponding need for action are concerned, however, there is anything but a consensus. What could a generally accepted future expectation look like that would also be suitable for a fair adaptation of the pension fund system? Erich Meier and Eric Funk are investigating this question.
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