Social Security is more than unsustainable

  It seems that Russia is having the same problem as the United States when it comes to its government retirement system: the system is unsustainable because the number of retirees receiving benefits is growing faster than the number of workers supporting the system.

  Soon after his inauguration for a fourth term as president of Russia, Vladimir Putin spoke about his plans to cut poverty, boost economic growth, improve medical care, and increase life expectancy. When asked whether the retirement age would be raised, Putin gave an evasive response: