Pensions crisis
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| - | Demographic dividend, as defined by the [[United Nations Population Fund]] (UNFPA) means, "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)". | + | The '''pensions crisis''' or '''pensions timebomb''' is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them. Shifting demographics are causing a lower ratio of workers per retiree; contributing factors include retirees living longer (increasing the relative number of retirees), and lower birth rates (decreasing the relative number of workers, especially relative to the [[Post–World War II baby boom|Post-WW2 Baby Boom]]). There is significant debate regarding the magnitude and importance of the problem, as well as the solutions. |
| - | ==See also== | + | == See also == |
| - | * [[Demographic transition]] | + | * [[Criticisms of welfare]] |
| - | * [[Demographic trap]] | + | |
| * [[Demographic window]] | * [[Demographic window]] | ||
| - | * [[Pensions crisis]] | + | * [[Dependency ratio]] |
| - | + | * [[Generational accounting]] | |
| + | * [[Jeremy Gold]] | ||
| + | * [[Pension]] | ||
| + | * [[Public debt]] | ||
| + | * [[Retirement plan]] | ||
| + | * [[Social Security debate (United States)]] | ||
| + | * [[Social Security (United States)|Social Security]] | ||
| + | * [[Sub-replacement fertility]] | ||
| {{GFDL}} | {{GFDL}} | ||
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The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them. Shifting demographics are causing a lower ratio of workers per retiree; contributing factors include retirees living longer (increasing the relative number of retirees), and lower birth rates (decreasing the relative number of workers, especially relative to the Post-WW2 Baby Boom). There is significant debate regarding the magnitude and importance of the problem, as well as the solutions.
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See also
- Criticisms of welfare
- Demographic window
- Dependency ratio
- Generational accounting
- Jeremy Gold
- Pension
- Public debt
- Retirement plan
- Social Security debate (United States)
- Social Security
- Sub-replacement fertility
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