The Retirement Commissioner, Diana Crossan, has thrown the Government a curveball with her suggestion that the retirement age be raised to reduce the expenditure on pensions as the population ages. John Key, like every other politician in living memory as reacted by kicking the issue into touch. Which displeases Diana Crossan . The real problem is of course the declining fertility of the New Zealand female. Whereas the women of New Zealand raised large families in the years immediately following World War 2, their offspring and their offspring's offspring have not. And the generation born in the aftermath of World War two are now retiring creating a large liability upon those still in their productive years. A situation predicted many years ago now and kicked into touch then as now. Of course while in a theoretical sense Diana Crossan is 100% correct that raising the retirement age will address this, in the real world it will just shift the problem. You see in the ivory...