In the UK pensions just seem totally unsustainable in their current state. There our largest portion of spending costing even more than the NHS. People are living longer and the qualification to receive pensions seems to be declining. When pensions were introduced in 1910 you had to live to 70 to receive it, with the average lifespan being 55 years. In the current paradigm you have to live to 68, when the average lifespan is 80. It just seems unrealistic to think we can have the average person living off the state for 12 years at the end of their life.