The demographic situation in the European Union is changing. Demographic trends have a significant impact on social policies in each state and in particular on social security pensions. By 2050, the number of young active population will decrease dramatically. Meanwhile, the older population...

The demographic situation in the EU Member States is changing and the age pyramid reverses. This indicates a low number of active people and a growing number of retired. The effect is the increase in pension expenditure. This growth pose serious problems to all Member States, as projections show...