Just a reminder

Pensions do not exist to increase national savings or to provide jobs for actuaries, tax lawyers, accountants, fund managers and regulators. Their purpose is to allow the elderly and disabled to retire from work with dignity

Willmore, Larry: Three Pillars of Pensions: Is there a need for mandatory contributions? in: OECD, Private Pensions Series OECD 2000 Private Pensions Conference 2000. Insurance and Pensions; Paris 2001: 385-397; here 385