Could a Higher Retirement Age Cure a Looming Global Pension Crisis?

Could a Higher Retirement Age Cure a Looming Global Pension Crisis?

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The video discusses the growing challenge of pension systems due to increased life expectancy and lower birth rates. It outlines three main solutions: raising the retirement age, increasing pension funding, or reducing pension benefits. The video emphasizes the need for country-specific strategies and highlights examples from Singapore, the UK, and Sweden. It also addresses the impact of negative interest rates on pension investments, urging the design of pension systems that adapt to these economic conditions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What examples of countries have made significant changes to their pension systems?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do negative interest rates pose for pension systems?

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