World Population Trends Questions
The consequences of population aging for pension systems include increased financial strain on the system due to a larger proportion of elderly individuals compared to the working-age population. This can lead to a decrease in the number of workers contributing to the system and an increase in the number of retirees drawing benefits. As a result, pension funds may face challenges in meeting the financial demands of the aging population. Governments may need to consider implementing reforms such as increasing the retirement age, adjusting benefit levels, or introducing alternative pension models to ensure the sustainability of pension systems.