In reality the system is already breaking down bc so few people pay into the pension system for so many old pensioners.
Idk about Norway tbh - they seem to have a much more solid social system - but in Germany I don’t expect anything from the pension system in 2060+
Norway has an insane sovereign wealth fund worth 3x GDP that they can only withdraw 3% from per year and that oil sales go into (as they’re basically self sufficient on hydroelectricity), they own 1.5% of all global equities. Their pension system is probably the strongest in the world.