I don’t think there is an earlier option for less money anymore but could be wrong.

  • corgi@lemmy.world
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    1 year ago

    They don’t expect to go bankrupt by 2033. That’s when the surplus/reserves will run out. The system doesn’t have the fixed amount of money. Current employees are constantly paying into it.

    20% is the shortfall between payout vs people paying in. And it will only happen if it’s not addressed. Which I’m sure will get addressed last minute or something like that.