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this post was submitted on 28 Jul 2023
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Politics
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I'm not a fan of this. Moving the retirement age to life expectancy would mean that you only get to retire if you live beyond your expiration date.
I think they mean "average life expectancy minus n years" where n is fixed at 15, or whatever. But I disagree with this too. If you work 40 years, you deserve to retire in comfort. If a billionaire needs to have one fewer boats to help cover the cost boohoo to them and their other 5 boats.
I think Kerrigor meant that requiring politicians retire at the age of retirement would cause a push for retirement age to get bumped higher, and that it would be better for the maximum age for a politician to be tied to the average life expectancy (e.g. no more than 10 years younger than the average life expectancy, or some such).
Yep precisely! Sorry, I phrased it poorly. But this is exactly what I meant. If politicians are required to resign at retirement age, it creates a perverse incentive for them to RAISE the retirement age - which would be bad.
If it is tied to life expectancy minus ten years, then it is based on data that adjusts automatically, and it's less about age itself, more about average life expectancy remaining.
All this talk about "life expectancy" tied to retirement. Am I the only one around here that's blue collar tradesman that's gonna die in there 60's? How is 67 a reasonable retirement age?
This would also incentivise politicians to try and increase average life expectancy, which is probably most easily accomplished with universal healthcare. So that would be a win as well
To be fair, the user you replied to suggested it be tied to life expectancy, not set exactly at it. Things like "set it at life expectancy minus x years" or "life expectancy times x", where x is some value less than one like 0.8 or something, would be situations where the retirement age is tied to life expectancy but where one doesn't have to live longer than expected to get one.
Problem with all of this is, life expectancy is going down, and we know they're not just going to kindly lower it to accommodate us. Look at what happened in France this year just to keep it at the same age