The NY Times seems to have suffered an epiphany of sorts.  Long have they derided any calls to change Social Security, they now are basically taking up the banner of others when they report:

By the same token, the ratio of workers to retired people will decline from about six to one now to about two to one by 2040.

Breaking a lifelong promise and abruptly extending the retirement age would create another large class of malcontents. As a result, the government has been unable to reach a consensus on how to handle the problem, which is leaving people like Mrs. Chen in an increasingly difficult position.

Most troubling to financial experts, the government has used payroll taxes paid by the current generation of workers, who in theory are paying into their individual retirement accounts, to pay pensions for the previous generation.

So they finally acknowledge that the system is broke, and that something must be done.  WOW!  Maybe they are finally looking at the problems in a non-partisan way?

Oh, did I fail to mention that this is China, not the USA?  I guess only the rest of the world has problems that need addressing with their pension plans.  Not the US of A.