well, i mean, what would you rather: seniors forced to retire early (many of whom don't need government checks at all), or 35% youth unemployment and soaring welfare and disability payments, leading to a generation that never gains the experience it needs to take over?
there's your new philips curve: the longer you keep old people working, the more you create young people that have no future outside of social assistance and damage the long term prospects of the country to recover from the boomer catastrophe.
and, no: you can't solve this by bringing in refugees, either.
i don't think it's a choice: you push the old people out. it's a no-brainer.