Aging Populations and Public Pension Schemes
Summary:
This paper discusses a study analyzing aging populations and public pension schemes. An aging society is characterized by a growing proportion of the retired to the active working population. The study examines the pension-related aging problem primarily from a fiscal perspective. It analyzes how prospective demographic developments that affect the proportion of the pensionable elderly affect pension outlays. It confirms that very serious fiscal stresses are in prospect for most industrial economies. Addressing such problems satisfactorily will require major actions early, given the long lead times involved in reforming a pension fund's financial position.
Series:
Occasional Paper No. 1996/013
Subject:
Aging Expenditure Fiscal policy Fiscal stance Labor Pension spending Pensions Population and demographics Retirement
English
Publication Date:
December 30, 1996
ISBN/ISSN:
9781557756206/0251-6365
Stock No:
S147EA0000000
Pages:
58
Please address any questions about this title to publications@imf.org