May 2025
23May

European semester thematic factsheet adequacy and sustainability of pensions

Pensions are the main source of income for older people in Europe, coming mostly from 'pay-as-you-go' public schemes. Retired people drawing a pension are a significant and — due to demographic ageing — a growing part of the EU population (about 124 million, or a quarter of the total population1). European pension systems are facing the dual challenge of remaining financially sustainable and being able to provide Europeans with an adequate income in retirement. The key purpose of pension...

May 23, 2025
Adequacy, Books, Books, System Sustainability, , , ,
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21May

As Rural Populations Grow Older, Communities Increasingly Rely on Smaller Labor Force

Rural populations are shifting older as people live longer, birth rates decline, younger people move out of rural areas, and older people decide to spend their retirement years in rural settings. By the end of 2025, the youngest of the Baby Boom generation (born between 1946 and 1964)—a large generation in total numbers—will have turned 61 and the oldest reached age 79, meaning that many are now in or looking at retirement. Meanwhile, working-age (15–64 years) populations in rural counties...

May 21, 2025
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20May

In Rapidly Aging South Korea, the Economy Is Slow in Creating “Age-Friendly” Jobs

Demographic shifts worldwide have increased the number of older workers, and many economies are facing a critical question: Are their labor markets ready to support older workers? Researchers have found that, in the United States, the surge of older workers has gone hand–in-hand with an increase in the number of “age-friendly jobs” – roles with working conditions more suitable for aging employees, such as placing fewer physical demands or offering greater scheduling flexibility. Yet it remains unclear whether comparable trends...

May 20, 2025
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16May

The vision of younger-seniors-based elderly care in rural China: based on population aging predictions from 2020 to 2050

By Haojian Dou, Cheng Wang, Guishan Cheng, Xiaoyan Lei & Shuang Xu  Population aging is an irreversible and challenging global trend. Factors that worsen it in rural areas include the outflow of young adults, lack of medical resources, and uneven economic development. Based on projections of rural population aging trends in China from 2020 to 2050, this article explores the growth trends and spatial heterogeneity of elderly populations in rural areas. The results indicate that from 2020 to 2050, the...

May 16, 2025
Aging, Articles, , ,
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14May

Türkiye’s birth rate falls further, deepening alarm over below-replacement fertility

The number of live births in Türkiye fell to 937,000 in 2024, as the average number of children per woman declined to 1.48—well below the replacement level of 2.1, the Turkish Statistical Institute (TurkStat) reported on Tuesday. The total fertility rate refers to the average number of children a woman is expected to have over her reproductive lifetime, defined as the 15–49 age group. Compared with the EU average fertility rate of 1.38, Türkiye ranked 9th among member states and candidate countries....

May 14, 2025
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13May

Swiss pension industry faces mounting skills shortage as funds invest in training

The Swiss occupational pension sector is facing a deepening shortage of skilled workers, a trend expected to intensify in the coming years. Larger pension funds are increasingly investing in training programmes to attract career changers and mitigate the talent gap. Sandro Meyer, a member of the executive board at Zurich Switzerland, told IPE that the shortage of qualified professionals is becoming a critical challenge for the industry. This is partly due to demographic shifts – there are simply fewer young people entering the...

May 13, 2025
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13May

As Thailand markets itself as retirement haven, its tourism sector struggles to find young workers it desperately needs

Thailand is accelerating toward an aged society, much like Japan, with major economic implications looming. As of 2023, over 20% of Thailand’s population is aged 60 or older, officially classifying the country as an “aged society.” The National Economic and Social Development Council (NESDC) projects that by 2037, more than 30% of Thais will be elderly, significantly reducing the working-age population. At the same time, Thailand’s total fertility rate has plummeted to 1.08 births per woman in 2023, far below...

May 13, 2025
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09May

Participation in Pension Programs in Low and Middle Income Countries

By John Giles, Clement Joubert & Tomoaki Tanaka 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. An emerging body of evidence...

May 9, 2025
Articles, Pension design, ,
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April 2025
21Apr

A Silent Crisis: Rising Occupational Deaths and Diseases in Iran’s Workforce

Recent data from Iran’s Forensic Medicine Organization reveals a troubling surge in workplace fatalities, with at least 1,900 people losing their lives in occupational accidents in the past year. This figure is nearly four times higher than the 455 deaths reported by the Social Security Organization for 2022, exposing a stark discrepancy between official agencies and raising serious concerns about the accuracy of government statistics and the effectiveness of occupational safety monitoring in Iran. The Social Security Organization’s data is based...

April 21, 2025
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16Apr

Retirement in the USA: The Outlook of the Workforce 25th Annual Transamerica Retirement Survey

By Transamerica Institute Retirement in the USA: The Outlook of the Workforce, a collaboration between Transamerica Center for Retirement Studies (TCRS) and Transamerica Institute, delves into the retirement prospects of the U.S. workforce including workers who are employed by others, self-employed workers, and workers who are unemployed but looking for work. Based on a survey of more than 6,100 members of the workforce, the report delves into their life priorities and outlook, personal finances, retirement expectations, and how they are saving,...

April 16, 2025
Books, Books, Labor Market, Reports, System Characterization, , , ,
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