Originally pensions were created so people who could not work would not be destitute.
The fact it became an all-inclusive all-year-round vacation reward is an anomaly which is getting corrected. Too bad for us we're the generations holding the bag.
There was a response about starting businesses. I consider those in their 60s to be capable of contributing to financial systems (eg businesses), I was just focusing on social aspects that have seemingly been lost with societal/political changes. So it was contribution in the non-financial sense I was particularly thinking of.
I suppose when we look at things like the 4-day week, we imagine more time and energy available for social cohesion. Or I do at least.
The fact it became an all-inclusive all-year-round vacation reward is an anomaly which is getting corrected. Too bad for us we're the generations holding the bag.