In pay-as-you-go pension systems, it’s essential for both the economy and the population to grow so that contributions from those working are sufficient to fund […]
4/2025
Will We Ever Get to Retire?
Managing Population Decline and Helping Younger Generations Invest for the Long Term
To make our pension system sustainable amid falling birth rates, we need to take several steps – starting with stopping the constant rule changes and avoiding any further hikes in social security contributions. A better approach is to slow the decline in the number of contributors through a mix of policies, including public support for those who are not self-sufficient and stronger oversight of all pension schemes, especially professional pension funds.
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