Governments around the world are stuck between tightfisted Anglo-American pension plans that pay only a fraction of one's past salary, and extravagant European-style social security that ends up welshing on the payments. But the Dutch have struck a balance that's working, reports Time, as sufficient amounts of money are saved up and invested skillfully.
Retirees in the US receive a pension worth 52.4% of their working income, while in the Netherlands they receive 96.8%. The Dutch enjoy a cushy retirement because companies are compelled to add to retirement accounts, which protects from underfunding. And businesses are shielded from bear markets because fund members share the risk of an economic disaster. (More Netherlands stories.)