Pension expert dismantles pension package II: “The pension system is not a cow’s milked on earth but fed in heaven” Bert Rürup, former chairman of the Economists, sees several weak points in the reform. “If you fix one or even more of these adjustment screws, it becomes increasingly difficult to finance the system sustainably without serious distortions,” he says.
‘The real costs of aging cannot be eliminated; they can only ever be distributed,’ he adds.