14 
people wanting to shape their life according their individual 
needs and tastes and yet doubt whether pension funds and private 
insurance contribute anything very essential to this aim.Those who 
shape economic policy and their advisers do not seem to be aware 
of the unfortunate negative aspects of the system or they would 
not have changed the social security system in 1983 from a pay as 
you go principle to insurance which promises in good part to 
repeat the regrettable consequences of the pension funds. 
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