Toro
Diamond Member
- Thread starter
- #41
But then don't you believe that the article's caveat:
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is even more significant? They aren't necessarily looking at decades, but instead, years.
That passage is there to demonstrate that even under extreme assumptions, most pensions have many years worth of assets to pay off liabilities. It's not a forecast.
No I agree with you, but wonder about the reality of "frozen plans," when in fact the "projected" assets decline, even a small amount.
Plans aren't frozen though. They continue to grow.
It does matter. The Japanese national pension fund is about to see a decline in contributing members, which is going to make a very interesting scenario in Japan.