"The question then essentially becomes, are workers better off if they are forced to save 6 percent of their income rather than 4 percent of their income?. If people were rational and planned appropriately for the future, the answer would be no - because allowing people to choose what to do with their income would enable them to make the best choices for their individual circumstances. Thus outcomes could be better from a broad societal point of view if the government legislates that people must save so that retired people are less of a drain on society in the future.
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Last updated: 2026-09-15 03:22 UTC. If the story develops, this page will keep the timeline in one canonical place.
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