As I see it - the main "problem" is that people live longer - so if X money was divided by Y years they have to live, now its "x/(y+some more) and it just isn't enough any more - one option could be putting more money to the pension each month. the question is - can we rise it by a reasonable amount that will leave the person with enough for his years before pension? years in which he wants not only to scrap a living but to enjoy - go to restaurants, vacations etc...