Employees should be paid high salaries while they work instead of paying pensions when they leave work. Pensions are one of the biggest headache for world economy. When employees receive high salaries they will invest the money saved every month or every year and after 20 or 30 years when they leave their work/job they will have many times more money (if the investment was profitable). I have been thinking about pensions and high salaries for past 15 years because my idiot father received less salary while working and he had many high profitable investments opportunity when he had the job but he could not invest because of less salary. When he retired he received pension but all the investment opportunity were over and he is a nobody is this world. When employees receive high salaries when they are 25 to 60 years old, they will have good food, good housing, good education for children and excellent savings. No need for pensions.