Fiscal Crisis in Global Pension Systems Due to Demographic Changes
- 1According to the MCGPI report, 43 out of 55 surveyed pension systems have a total fertility rate below the replacement level of 2.1.
- 2The pension payout period has extended due to a 50.9% increase in life expectancy at age 65 in developed regions since 1950.
- 3Jean-Pierre Aubry stated that pension funds are increasingly shifting toward riskier investments.
So what's the key point?
As birth rates decline and lifespans increase, there may be a shortage of funds to pay out pensions. Consequently, pension management institutions are investing money in riskier areas.
Source CNBC · View original ↗
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