Although there is a risk to the fund that folk will live longer than previous generations, it is by no means a certainty. Ask any Russian, who knows that life expectancy has fallen rapidly in the last two generations. What about bird flu, obesity, diabetes, MRSA, war, revolution and a host of other surprises that could alter the projections overnight.
So, no need to rush an agreement, it will be 80 years before the last NAPS pensioner is dead. The tide could easily turn. Any agreement needs the flexibility to revert back to the present generous benefits.