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In reality the system is already breaking down bc so few people pay into the pension system for so many old pensioners. Idk about Norway tbh - they seem to have a much more solid social system - but in Germany I don’t expect anything from the pension system in 2060+

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Norway has an insane sovereign wealth fund worth 3x GDP that they can only withdraw 3% from per year and that oil sales go into (as they’re basically self sufficient on hydroelectricity), they own 1.5% of all global equities. Their pension system is probably the strongest in the world.

Norway’s pension is backed by $1.74T in sovereign wealth funds [1]. I doubt they’ll have the same issues as Germany.

[1] https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...

That’s nice if you’re Norwegian I guess

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