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Changes to pension systems

One of the important issues of population ageing is the future of pension systems and their long-term financial sustainability. In most countries, pensions currently represent a high percentage of retirees’ income. Numerous reforms are underway to adapt existing systems to changing demographic trends (longer life expectancy, retirement of the large baby-boomer cohorts, changing family and marital structures) and economic trends (increase in unemployment, diversification of labour-force pathways, ...