this post was submitted on 19 May 2026
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me_irl
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Yeah, so that argument makes sense when your pension is privately funded. I can't really connect the dots for the public ones.
In a public pension, there is some sort of tax, which is taken from workers to pay the pensions. If you want to increase pensions, you need to increase those taxes, hence everything else being equal you lower the real wage of workers.
Ok, so what you're saying, I think, is that if we increase the wages, i.e., if the companies pay the workers more, somehow, tax revenue goes down, which affects pensions. I lose the plot where I inserted "somehow". I'm missing some kind of connection there that you seem to see but I don't.