Most European countries have reformed their pension systems several times in recent years. 293196436/guy2men – stock.adobe.com
DECRYPTION – Several countries such as Italy, Germany or Denmark have set the legal age at 67 years. Some are already talking about the extension at the age of 68 or even 69.
Since the beginning of the year, the Portuguese has been able to retire three months earlier than before. A trompe l’oeil message reflecting the drop in life expectancy, a consequence of the Covid to which the statutory retirement age is indexed. This is still 66 years and 4 months since a reform passed in 2014.
Most European countries have reformed their pension systems several times in recent years. All face the same diagnosis of the aging of their populations and the imbalance between those in work and those who retire, which threatens the financing of pensions. To put it in a nutshell, according to the Commission, by 2070 we will go from 3 assets per pensioner to an average of 1.8 in the European Union. “All countries face the challenge of aging populations for their pension systems, but not to the same extent,” said Hervé Boulhol, an economist at the OECD.
Also read Pension Reform: The statutory retirement age will be gradually reduced to 64 by 2030
Among the ambitious structural reforms is the
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