World Population Trends Questions
The implications of population aging for social security systems include increased financial strain on the system due to a larger proportion of elderly individuals who are eligible for benefits, a decrease in the number of working-age individuals contributing to the system, and a potential imbalance between the number of beneficiaries and contributors. This can lead to challenges in funding social security programs and may require adjustments such as increasing retirement ages, reducing benefits, or implementing alternative funding mechanisms to sustain the system.