Live data from Hacker News

Your Pension Depends on Kids You Did Not Have

julienreszka.com

11–20 of 36 posts

Re: Your Pension Depends on Kids You Did Not Have

#11
post #3

This article is apparently propaganda aimed to cause people to have more children. ¿Cui bono? Is Julien worried his own pension won't be covered, or is he trying to enslave his children so the benefits of their work will go to him but not to me? There are far too many humans for the planet to support right now. People never had children to guarantee their future financial stability. It was always some combination of…

[deleted]

Re: Your Pension Depends on Kids You Did Not Have

#12
post #3

This article is apparently propaganda aimed to cause people to have more children. ¿Cui bono? Is Julien worried his own pension won't be covered, or is he trying to enslave his children so the benefits of their work will go to him but not to me? There are far too many humans for the planet to support right now. People never had children to guarantee their future financial stability. It was always some combination of…

> People never had children to guarantee their future financial stability. AFAICT, that was the primary reason people had children. Not in the sense of "support me in retirement" because people expected to work until they died, but in the sense of "grow ourselves some workers to help out on the farm" for the poor and "somebody to inherit our title" for the rich.

Is there evidence of this urban legend?

Re: Your Pension Depends on Kids You Did Not Have

#13
I have started to see this argument being made more often, and wonder if it is a trial balloon: we know that discussions are starting to happen about how to deal with the impending US social security trust fund depletion and the cut in benefits that are going to have to happen.

You already know that your social security benefit depends on the 35 highest income years during your career. You (probably) also know that each of those years get an index number that is used to adjust your income for the purpose of dealing with the effects of inflation when looking at a 35+ year career.

When you file your taxes, you are already reporting the number and ages of each dependent you have. That data already exists. So what if that information is now used as an added indexing factor for each year of reported income? The result would be that the more children you have and the earlier you have them increases the calculated social security benefit. Or rather, since the index would be a floating point number from 0-1, not having a bunch of kids would prevent you from gaining the maximum possible benefit. And it would all be so opaque that it’s hard to notice or understand!

Note that I’m not saying this is what should happen, just that it is strange that we start seeing this kind of argument at the same time we see that discussions are happening about making changes to social security…

Re: Your Pension Depends on Kids You Did Not Have

#15
post #12

Earlier quoted context omitted.

> People never had children to guarantee their future financial stability. AFAICT, that was the primary reason people had children. Not in the sense of "support me in retirement" because people expected to work until they died, but in the sense of "grow ourselves some workers to help out on the farm" for the poor and "somebody to inherit our title" for the rich.

Is there evidence of this urban legend?

Would millenia of data from primarily agricultural, family-worked farms suffice?

Re: Your Pension Depends on Kids You Did Not Have

#16
post #3

This article is apparently propaganda aimed to cause people to have more children. ¿Cui bono? Is Julien worried his own pension won't be covered, or is he trying to enslave his children so the benefits of their work will go to him but not to me? There are far too many humans for the planet to support right now. People never had children to guarantee their future financial stability. It was always some combination of…

Moderns are sometimes quite surprised to learn that, in the West and in Christian culture, children have always been obligated to support their parents. This is a concept called "alimentation". https://www.newadvent.org/cathen/01312b.htm As adult parents are obligated to care for their children, to give food, clothing and shelter for their well-being, children are also eventually obligated to their parents for the sa…

> there are still US laws on the books to this effect. That children may be obligated to pay medical bills or other support, if their parents cannot make ends meet. Adult children are sometimes blindsided by this responsibility

In most (if not all) states, this responsibility is permanently and irrevocably severed if the parent abandons/disowns the child, refuses to pay child support after a divorce, etc.

Even if you later make up and re-establish a relationship with an adult child, there is no way to re-establish that obligation. It is gone forever. Being a bad parent can have consequences!

Re: Your Pension Depends on Kids You Did Not Have

#17
post #12

Earlier quoted context omitted.

Is there evidence of this urban legend?

Would millenia of data from primarily agricultural, family-worked farms suffice?

Sure. Let's see the ancient Egyptian papyrus where poor farmers describe how they actually don't like sex but they need more farmhands.

Re: Your Pension Depends on Kids You Did Not Have

#19
Another relevant point - the birth rate decline is a civilization committing apoptosis - orderly cell death. When a living cell detects that it is full of misfolded proteins, or many other conditions, it will simply commit suicide - breaking open its cell membrane, spilling its contents, allowing them to be recycled, and allowing one of its healthy neighbor cells to divide into its space to replace it.

This is a good thing when a cell does it. Elimination of unhealthy cells and replacement by healthy cells helps keep the organism healthy. What does this say about civilisations and the human species?

Re: Your Pension Depends on Kids You Did Not Have

#20
post #12

Earlier quoted context omitted.

> People never had children to guarantee their future financial stability. AFAICT, that was the primary reason people had children. Not in the sense of "support me in retirement" because people expected to work until they died, but in the sense of "grow ourselves some workers to help out on the farm" for the poor and "somebody to inherit our title" for the rich.

Is there evidence of this urban legend?

it's not a legend at all. I think you skipped the article I quote near the end. https://julienreszka.com/blog/pensions-buy-fewer-babies-cutt...
Post reply on HN