An ageing population is a general demographic trend challenging economic sustainability in terms of employment and pensions as well as overall social cohesion and intergenerational solidarity. This article discusses 1) how to make people work until they reach pensionable age, 2) how to make...

Many countries all over the world have been facing the problem of deteriorating demographics, forcing reforms of the pension system model as well as its main parameters. An important perspective of the assessment of the financial sustainability of a pension system is the division of current GDP...