State Pensions

Description
Rather than leave it up to the individuals to provide for themselves after retirement, state pensions can guarantee a minimum standard of living for the elderly. Be aware that as life expectancy rises, the cost of the state of paying out pensions increases highly. The level of state pensions may encourage or discourage citizens to save into private pension plans.

Political Capital
Raise cost: 9

Lower cost: 26

Cancel cost: 49

Effects
-Capitalist (0)

+Retired (0)

+Poor (0)

-Poverty (0)

+Retired(Income) (0)

+Socialism (12)

+Retired(Membership) (8)

+Private Pensions (4)