The Demographic Risks for the Public Pensions System

Publishing date: Saturday, 22 October 2011
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Views: 5610

Economic Commentary, no. 121

The worsening demographic situation, as well as the medium and long-term projections, poses significant pressures on the public pensions system, given the rising number of pensioners and low fertility rates. In light of these constraints, our analysis argues for the development of a functional multi-pillar pension system, which would be more adapted to the demographic challenges. 

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