Pensions

Europe's aging burden far less than US or China

Submitted by pmassetti on
The Jakarta Post (10.10.2025) Graying Europe has long been considered an outlier in global demographics – but the rising cost to its governments in terms of bills for pensions and health care are more manageable than assumed and less than in rival economies in the United States and China. In a detailed report on the rising cost to the public purse from Europe's aging population, Brussels-based think Breugel this week outlined the trajectory through 2070 using the latest country-by-country data from the European Commission.
Regions / Country
Europe
Global challenges
Topics
Pensions
Document Type

US: Lack of a retirement system for gig workers will be a crisis

Submitted by pmassetti on
postandcourier.com (29.09.2025) America is fast approaching a historic milestone. By 2027, freelancers will make up more than 50 percent of the workforce, marking a fundamental shift in the U.S. labor market. Yet many of these workers will have no retirement plan. According to the Pew Research Center, only 13 percent of single-person business owners are saving for retirement compared to almost three-fourths of Americans in traditional jobs.
Regions / Country
United States
Topics
Pensions
Platform workers
Document Type

Mexico’s Politics Of Pensions

Submitted by pmassetti on
eurasiareview.com (08.09.2025) Like many countries with an aging population, Mexico is facing a pension crisis. In just the last five years, the universal pension for older adults quadrupled its budget. Coupled with low growth, the ever-rising cash transfers and subsidies have become a major drag on the country’s economy. Welfare payments to individuals—such as the universal pension for older adults, disability pensions, and student stipends—have grown at a pace that outstripped investment in infrastructure, education, and security.
Regions / Country
mexico
Topics
Pensions
Document Type

Publication: Who Participates in Defined Contribution Pension Systems When Informality is High?: Evidence from 20 Years of Administrative Records from the Dominican Republic

Submitted by pmassetti on
worldbank.org (31.07.2025) This note is part of a collaboration between the World Bank’s development research group (DECRG) and development impact group (DIME) and the Dominican Pension Superintendency (SIPEN), the autonomous agency responsible for supervising the private pension system. The main goal of this collaboration is to leverage the rich administrative data managed by SIPEN to provide insight on the performance of the pension system for policymakers and the public and conduct academic research that can guide pension policy in the DR and beyond.
Regions / Country
dominican republic
Topics
Pensions
Document Type

South Korea: New Proposal Seeks to Extend Employer Pension Contributions to Gig Workers

Submitted by pmassetti on
koreabizwire.com (10.07.2025) South Korea is weighing a significant pension reform that could bring platform workers — such as food delivery riders and chauffeur-for-hire drivers — under the same pension contribution scheme as regular employees, with their platforms potentially covering half of their premiums.
Regions / Country
korea, Republic of
Topics
Pensions
Platform workers
Digital plateform workers
Document Type

Jobs in MENA: How transforming pension systems can boost inclusion, equity, and prosperity

Submitted by pmassetti on
worldbank.org (29.05.2025) Pension systems globally have faced challenges in fulfilling their commitment to providing adequate financial security for individuals in their old age. In developing countries, pension coverage is often low, and benefits frequently fall below the poverty line. The design of the pensions systems, among other factors, tend to exacerbate informality, with only a fraction of formal workers receiving pensions. The low coverage and the little redistribution leads low wage workers to end up subsidizing high wage workers.
Regions / Country
arabic countries
Topics
Pensions
Document Type

Au Danemark, l’âge de la retraite passera à 70 ans en 2040

Submitted by pmassetti on
lemonde.fr (22.05.2025) Le Parlement danois a adopté, jeudi, une loi relevant l’âge légal de départ à la retraite, aujourd’hui à 67 ans. Depuis la réforme de 2006, celui-ci est indexé sur l’espérance de vie et révisé tous les cinq ans.
Topics
Pensions
Document Type

Publication: Participation in Pension Programs in Low- and Middle-Income Countries

Submitted by pmassetti on
worldbank.org (24.04.2025) Low- and middle-income countries are aging rapidly but stagnation of growth in participation in pension programs, due to widespread informal employment, presents a major fiscal challenge. Some claim that improving the design of pension program rules can encourage more pension contributions, while others push for universal non-contributory pensions. This paper reviews the recent academic literature on the determinants of active participation in pension systems in high- informality settings.
Topics
Pensions
Document Type