Article 3
Status: Draft | Published
Group H: Social Insurance: Retirement, Disability, and Intergenerational Solvency
#retirement #pensions #longevity
1. Problem Definition
Static retirement ages ignore rising life expectancy and strain public finances.
2. Principles Invoked
3. Constraints
- Must avoid discrimination.
- Must preserve freedom to work.
4. Proposal
A. Retirement Eligibility Index ( REI )
Retirement age = Life expectancy at age 20 × 0.80
Automatically updated annually.
B. Flexible Exit Paths
- Early exit (reduced benefits)
- Standard exit
- Delayed exit bonus
C. Cognitive Review
Applies only to safety-critical public roles.
Independent review + appeals process required.
5. Financing
Actuarial adjustments ensure solvency.
Transparent long-term projections.
6. Incentives & Failure Modes
Risk:
- Class-based longevity disparity, mitigated by adjustment through occupational risk bands.
7. Evidence
Longevity-adjusted retirement systems improve solvency.
8. Metrics
- Pension solvency ratio
- Elder employment rate
- Health-adjusted life expectancy
9. Counterpoints
- Left: Penalizes physically demanding workers.
- Right: Overly centralized formula.
- Center: Political resistance.
10. Common Ground
Longer lives justify longer contribution capacity.
11. Pilot + Sunset
Phased implementation over 10 years.
12. Non-Contradiction Check
No forced retirement except safety-critical contexts, preserving maximum freedom under non-harm .