PBS高端访谈:"为什么退休风险是最好的共享"

 　　HARI SREENIVASAN: So how different is the U.S. system versus¹ the Dutch system?

　　JUSTIN FOX: Well, the U.S. system started out after World War II a bit like the Dutch system -- it was corporations providing pensions for people. And that kind of fell apart during the 1970s, although there aresome corporations with pensions still out there and there are definitely a lot of state and local governments that give them.

　　So what we switched to - is the Dutch put this emphasis on keeping it collective -- having everybody in anindustry in a pension together or some large corporations have their own pensions. In the U.S. when that system ran into trouble we moved into this totally atomized 401 K system where most people in the private sector² are basically responsible on their own for saving for retirement³.

　　HARI SREENIVASAN: So what can we take away from that system that we could possibly institute here?

　　JUSTIN FOX: One thing that's already happening is sort of automatically setting people up so that they save in an 401K. I think more and more employers, my employer Harvard University just announced this, that unless you tell them not to, they're going to automatically start taking, I think it's 3 percent of your salary initially⁴, and putting it aside. And then increasing it every year by one more percentage point untilyou've reached statutory limit. And so that's already happening out there.

　　The other thing is on the payout end. Where here you retire at 65 and yea, you'll get Social Security but you're also likely to just to, if you did a good job and saved, have this big lump sum of money and have to figure out what to do with it. I think what a lot of people think is that it's much more efficient to have people guaranteed income until they die rather than just a big pile of money. Because if I don't know if I'm going to live to 100 or 75, I'm going to have to save a ton of money to live to 100. If you've got thousands of people all in the same system and it's just guaranteeing a payout until they keel over that's a lot cheaper. And there's been a lot of pressure in the U.S. to have people annuitize their 401K but so far not many of people are doing it.

　　HARI SREENIVASAN: What is it that makes it so fundamentally unAmerican to be told forcibly to save versus having the option to save. Is it a cultural thing? Is it a psychological thing? Is it a behavioral economics thing?

　　JUSTIN FOX: I think we force saving in the U.S. the bulk of the people were in this system just like the Dutch pensions did, People didn't protest or march though the streets about it. It's just that when that system started running into trouble -- it had its limitations. One is that you couldn't move companies and another was that if your company went belly⁵ up there was trouble. And now we're seeing states and municipalities in trouble with their pensions. But we sort of switched to this default thing -- the 401K -- without any conscious choice ever being made to do it.

　　HARI SREENIVASAN: Does it solve the mathematical problem of how many workers will support how many retirees?

　　JUSTIN FOX: It doesn't solve it no. Obviously if your workforce⁶ isn't growing and your retirement force isgrowing very fast that puts pressure on the system . All the people in the report, their concerns are real. But still we're talking about slight decreases in how much they are going to get in the future and notnot having any money for retirement. And actually the U.S. is in better shape with that because we're a younger country, we have more immigration, we have a faster-growing workforce.

1 versus   

prep.以…为对手，对；与…相比之下

参考例句：

• The big match tonight is England versus Spain.今晚的大赛是英格兰对西班牙。
• The most exciting game was Harvard versus Yale.最富紧张刺激的球赛是哈佛队对耶鲁队。

2 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

3 retirement   

n.退休，退职

参考例句：

• She wanted to enjoy her retirement without being beset by financial worries.她想享受退休生活而不必为金钱担忧。
• I have to put everything away for my retirement.我必须把一切都积蓄起来以便退休后用。

4 initially   

adv.最初，开始

参考例句：

• The ban was initially opposed by the US.这一禁令首先遭到美国的反对。
• Feathers initially developed from insect scales.羽毛最初由昆虫的翅瓣演化而来。

5 belly   

n.肚子，腹部；(像肚子一样)鼓起的部分，膛

参考例句：

• The boss has a large belly.老板大腹便便。
• His eyes are bigger than his belly.他眼馋肚饱。

6 workforce   

n.劳动大军，劳动力

参考例句：

• A large part of the workforce is employed in agriculture.劳动人口中一大部分受雇于农业。
• A quarter of the local workforce is unemployed.本地劳动力中有四分之一失业。