Private Pensions

Private Pensions is a welfare simulation value in Democracy 3.

Description
''The size of the private pension sector. This may run alongside a minimal state pension, or completely replace it in countries that are happy to leave retirement planning to individuals. Many poor members of society will not have the means to save adequately for their retirement without state help.''

Default
50%

Causes

 * State Pensions, -0% to -80%, 4 inertia
 * GDP, +0% to +50%, 4 inertia

Effects

 * Middle Earnings, -0% to -10%
 * Equality, -0% to -20%, 4 inertia
 * Retired happiness, +20% to +75%
 * Retired income, +10% to +30%