Obviously you are okay with the likes of the Chinese or US governments knowing every single transaction that takes place.
This may sound weird, but as long as they give a proper pension-like income, yes.
Nowadays I live in Hungary in financial discrimination.
This means that my pension-like income (for my multiple disabilities) is less than the half of the local minimum wage. My pension-like income is approximately $250 USD per month, but the local minimum wage is approximately $550 USD per month.
Seriously. Is this even legal?