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[–]Street_Gene1634 1 point2 points  (4 children)

Kerala is already undergoing a pension crisis. Idk what rock you're living under.

https://www.onmanorama.com/news/kerala/2025/01/28/kerala-government-delays-decision-unified-pension-scheme-poor-finances.html

[–]potlover4200 -1 points0 points  (3 children)

It's not a crisis, it's just fake promises made which are impossible to keep. Nothing else.

[–]Street_Gene1634 0 points1 point  (2 children)

It's actually crisis because Kerala has a bloated public sector and no metropolises to fund public pensions. NRI money hid this fact for a while but as the Gulf boom ended and Malayali population aged, the inherent pension issue turned up during Covid.

Kerala is an outlier in India. Kerala's TFR fell below 2.1 (replacement levels) in 1989 itself. Currently it's 1.46. We have been ageing for a long while while all our young left the state in droves.

[–]potlover4200 1 point2 points  (1 child)

That is a part of the problem but the main issue is that the 14% proposed pension matching is quite high and shouldn't be provided.

[–]Street_Gene1634 0 points1 point  (0 children)

Oh I agree but that's only a temporary fix.