Legislative ambiguity about public pension funds, as well as their underfunded status, has financial advisers who work with public employees scrambling to plug holes in their retirement plans.

Only 19% of Gen Xers think now is a good time to invest, while 81% fear inflation will destroy their retirement dreams.

Bermuda’s public service pension funds will run out of money in 2045, meaning that today’s public servants — and some pensioners — will have no pension in two decades’ time unless something changes.