It is a pyramid scheme though, each generation needing to be bigger than the last to support the previous generations retirement. It has to end at some point.
Lifespans are increasing and automation claims turned out over optimistic so far - if you are close to retirement the last thing you want to see is a shrinking working population, shortages and inflation.
That stabilizes the population (technically population goes down due to accidental deaths, diseases, etc. but you get the idea).