Population ageing

Singapore. Rethinking ageing: From caregiving to community and contribution

Submitted by pmassetti on
pensionpolicyinternational.com (17.02.2025) Caring for an elderly loved one might not be on your radar right now, but it’s a role many of us will take on eventually. “Almost all of us in Singapore will be, or already are, a caregiver,” Mr Dinesh Vasu Dash, CEO of the Agency for Integrated Care (AIC), observed. When his childless, widowed paternal uncle, now in his mid-80s, was hospitalised with a severe bout of influenza A, it was Mr Dinesh’s parents – both in their 70s – who stepped in.
Regions / Country
singapore
Global challenges
Topics
Long-term care
Old-age pensions
Document Type

Concerns grow in South Korea over sustainability of national pension amid plunging subscribers in aging society

Submitted by pmassetti on
The Korea Times (09.02.2025) The number of national pension subscribers continues to decline due mainly to the low birthrate and aging population, data from the National Pension Service (NPS) showed Sunday, raising concerns over its sustainability. In contrast, the number of recipients is increasing, pushing the current national pension system toward a risk of fund depletion. But discussions on ways to make the pension system more sustainable have been delayed.
Regions / Country
korea, Republic of
Global challenges
Topics
Pensions
Document Type

Financial incentives and flexible retirement: Quasi-experimental evidence from the Finnish pension system

Submitted by pmassetti on
Center for Open Science (2025). In 2017, Finland introduced a partial old-age pension scheme, allowing individuals to claim either 25 or 50 percent of their old-age pension after turning 61, irrespective of their employment status. Claiming a partial pension before the statutory retirement age results in a permanent reduction of the full old-age pension.
Regions / Country
finland
Global challenges
Topics
Pensions
Document Type

Are Belgian pensions really under threat?

Submitted by pmassetti on
vrt.be (13.01.2025) Unions are today taking action in defence of pension rights. The five parties negotiating a new federal government want to save cash on pensions. A major reform is inevitable, says formateur Bart De Wever (Flemish nationalist/N-VA). Teachers and NMBS staff fear they will have to work longer ultimately for lower pensions. What are the measures on the table?
Regions / Country
belgium
Global challenges
Topics
Pensions
Document Type

Rethinking pension reform: A new CEPR eBook

Submitted by pmassetti on
(14.11.2024) Population ageing is exerting unprecedented fiscal pressure on social security systems around the world. In response, many governments are implementing or planning pension reforms, often aimed at encouraging later retirement. Recent years have seen a surge in empirical research on retirement behavior and the impact of pension reforms. This column presents a new eBook that reviews insights from the newest advances in research on retirement policy and provides fresh perspectives on how to (re)think pension reforms.
Global challenges
Topics
Pensions
Document Type

Strong action is needed to make retirement systems more inclusive, resilient and innovative | OECD

Submitted by pmassetti on
oecd.org (02.12.2024) The design and governance of asset-backed pensions should be enhanced to foster more inclusive and resilient systems, secure better outcomes for individuals and contribute to sustainable economic growth and innovation, according to new analysis from the OECD. Pension assets in OECD countries grew by 10% in 2023, reaching over USD 56 trillion, more than triple the level seen two decades ago. Total assets hit USD 63 trillion after adding pension reserve funds held by governments.
Global challenges
Topics
Pensions
Document Type

How are countries responding to the ageing workforce challenge?

Submitted by pmassetti on
jdsupra.com (25.11.2024) Pension systems, designed when populations were younger and life expectancy shorter, are now under immense pressure. To mitigate the impact of an ageing population, governments around the world are starting to implement a raft of measures. While there is no one-size-fits-all solution, nations are amending pension laws and updating regulations to adapt to the changing demographics. Let’s delve into the details together to examine how countries are reacting to demographic shifts across countires.
Global challenges
Topics
Pensions
Document Type

Ageing Policies Database

Submitted by pmassetti on
UNECE launched a searchable database on Ageing Policies Database | Browse all policies to search by country, theme, or instrument. This database presents policy measures that countries across Europe, North America, and Central Asia have been developing to improve the lives of older people, harness the opportunities of longevity and address the challenges of population ageing. Policy interventions to meet the needs of older persons and bring societal development into harmony with demographic change span across many policy areas including education, health, labour and social affairs.
Global challenges
Topics
Old-age pensions
Document Type

China's retirement age reforms not enough to fix pension headache

Submitted by pmassetti on
reuters (24.09.2024) China's move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent, say economists and demographers. Aging populations are a global phenomenon, but the issue is particularly stark in China due to the legacy of its one-child-policy, which was in place for three decades and has exacerbated its demographic challenges.
Regions / Country
china
Global challenges
Topics
Pensions
Document Type