### Comment:
Yup good point. Who will pay for the unfunded liabilities when there are less children?

### REPLY:
&gt; Yup good point. Who will pay for the unfunded liabilities when there are less children? 
  
 The old in terms of benefits with much lower purchasing power. When there's less to distribute, each will get less than they hoped for. The question is whether boomers and those who are expecting public pensions are making the right adjustments or whether they will be surprised by collapsing pensions/entitlements.

### END.