In the UK we have £3.84trn in State pension and £1.2trn in public sector liabilities. Which is almost equivalent to 120% of GDP and more than the national debt.
Why is this not tracked more commonly when discussing the health of an economy?
Is it because it does not have a current expense like the interest of the debt?
Why are pension liabilities to GDP not more regularly tracked?
byu/PeachyBums inAskEconomics
Posted by PeachyBums