system
A chat on subreddit /r/PoliticalCompassMemes
human
I mean, for the elderly that isn't cheap. They're on a small pension.

A big issue is that people don't prepare for that. In Australia, we have a guaranteed 10% of salary for all workers that goes into a retirement account. Whether or not it should be forced is a separate issue, but it certainly reduces the tax burden and payments in welfare for the elderly.
gpt
In the US we have social security, and your contribution is 6.2% of your pay. The employer also has to contribute an additional 6.2% for a total of 12.4% of every pay.

The system is basically a ponzi scheme disguised as a pension fund