Sebastien Betermier
ON THE RECORD · 4 verbatim quotes · every quote source-verified
“The higher the longevity, the more years the pension funds have to cover, and so that immediately comes in as an additional liability,”
Sebastien Betermier · said date not stated · reported 2026-10-26
Betermier explained that greater longevity translates directly into additional pension liabilities.
“Think about the cost that it imposes actually on the next generation … it is a ticking time bomb,”
Sebastien Betermier · said date not stated · reported 2026-10-26
Betermier warned CNBC that the cost of covering longer-lived retirees imposes a burden on the next generation.
“huge, and it's gotten more pronounced over time,”
Sebastien Betermier · said date not stated · reported 2026-10-26
Betermier noted that some pension funds have members who have been retired for nearly half a century.
“You can try to earn higher returns on your investments, but that's going to require taking on greater levels of risk,”
Sebastien Betermier · said date not stated · reported 2026-10-26
Betermier commented on the trade-off between pursuing higher investment returns and taking on greater risk.