Immigration v Pensions

*Pension Liability and Demographic Challenges in Britain*

Britain's demographic landscape is shifting, with significant implications for its pension system and economy. Let's explore the facts and figures surrounding pension liability, birth rates, and the role of immigration.

*Pension Funding Ratio: Workers to Pensioner*

The ratio of working tax payers to 1 pensioners income has been declining over the years. Here's a breakdown of the ratio in different decades:
- *1970s*: 3.5 workers per pensioner
- *1980s*: 2.7 workers per pensioner
- *1990s*: 2.3 workers per pensioner
- *2020*: 1.7 workers per pensioner
- *2024*: approximately 1.5 workers per pensioner (estimated)

Forecasts suggest that if current trends continue:
- *2030*: 1.3 workers per pensioner
- *2035*: 1.2 workers per pensioner

The ratio is projected to approach 1:1 around the mid-2040s, depending on various factors, including changes in birth rates, life expectancy, and migration patterns.

*British Birth-rate and Demographic Replacement*

The British birth-rate has been below the population sustainable replacement rate of 2.1 children per woman for several decades. This means that the population is not replacing itself naturally, leading to an ageing population and increased pressure on the pension system

*Consequences of Low Birth-rate*
A birth-rate below 2.1 children per woman can lead to:

- *Aging population*:
With fewer young people entering the workforce, the population ages, and the burden on pension systems increases.

- *Labour shortages*: A declining workforce can lead to labour shortages, impacting economic growth and productivity.

- *Increased reliance on immigration*: To mitigate these effects, Britain may need to rely on immigration to supplement its workforce and support its pension system.

*Immigrants (foreign ex-pats) and Pension Liability*
While ex-pats from other places can help alleviate labour shortages and support the pension system in the short term, they too will eventually retire and require pension support. This creates a continuous need for new, young, expats from other places as workers to enter the system.

*Sustainability and Fiscal Common Sense*
To address these challenges, Britain may need to consider a combination of:
- *Pension reform*:
Adjusting pension ages, contribution rates, or benefit structures to ensure sustainability.

- *Pro-family policies*:
Implementing policies that support families, such as childcare benefits, education support, or family-friendly work arrangements, to encourage higher birth rates.

- *Immigration policies*:
Developing immigration policies that attract skilled workers and support the economy, while also considering the long-term implications for the pension system.
In conclusion, Britain's demographic challenges require a multifaceted approach that addresses pension sustainability, birth rates, and immigration. By understanding the facts and figures surrounding these issues, policymakers can develop effective solutions to ensure a sustainable future for Britain's economy and society.

We have a national affordable *Treasury Homes* Project, affordable on 1 minimum wage, somewhere of your own in which to live and raise your family.

We have the *Freedom from Toil* Program overseen by Guardian John O’Donnel (if you’re not too busy John) Director of British Toil Mitigation, the British Chamber of Competences;

So, income from the job you are not doing, generating you free money for not actually doing anything. From your free income you can afford your Royal Treasury Bank mortgage.

Lots of free time for you to have and raise your kids, socialise with your family and friends, get to know those noisy, messy, snotty, smelly little human creatures screeching around YOUR very own warm, affordable, loving family Home

 In Great Britain

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So, income from the job you’ not doing. LOTS OF FREE TIME FOR FAMILY and LIESURE.

Free money from your NONE JOB funding your mortgage = Free Home somewhere to raise YOUR family

So, you’ll have the time, the finances, a Home and the opportunity……

It’s 1 choice, 2 options

Here's a composed argument:

"As we face the challenge of funding pensions due to falling birth rates, we're confronted with two primary options: relying on mass migration or boosting our birth rate. Let's examine both approaches.

Option 1:

Mass migration. While it may provide a temporary influx of workers to support our pension system, it's essential to consider the long-term implications. Migrants, like our native population, will eventually grow old and require pensions themselves. This would create a continuous need for more youthful migrants to fund the pensions of older migrants, perpetuating a cycle that's unsustainable in the long run.

Option 2:

Raising the birth rate. By encouraging sustainable repopulation, we can significantly reduce our reliance on foreign migrant workers. A higher birth rate would ensure a more stable workforce, reducing the pressure on our pension system. This approach would also enable us to maintain our cultural identity and social cohesion.

"Investing in policies that support families and encourage childbirth we could yield long-term benefits for our society. By doing so, we'd reduce the strain on our pension system, create a more sustainable demographic balance, and build a brighter future for generations to come. It's time to prioritise sustainable repopulation and make a conscious effort to encourage family growth, rather than relying solely on migration to address our demographic challenges."

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So, we’ve outlined Treasury Homes affordable on 1 minimum wage, our ‘Royal Treasury Bank’ mortgage and with John McDonnell mitigating toil by automation systems, you have time for a family.

Discuss…