Scenarios about 'pension reform'
Pension reform refers to the restructuring of retirement income systems, typically involving changes to eligibility requirements, benefit calculations, funding mechanisms, or administrative structures. These policy changes often respond to demographic shifts like aging populations, fiscal pressures on public budgets, or evolving labor market conditions. In alternate history scenarios, different approaches to pension reform can significantly impact economic development, social stability, and intergenerational equity across societies.
What If Illinois Addressed Its Pension Crisis Earlier?
Exploring the alternate timeline where Illinois implemented meaningful pension reforms in the 1990s, potentially averting the fiscal crisis that has plagued the state for decades.