Issue actualisation
According to International Monetary Fund projections, the population in developed countries is either stable or declining.
The demographic burden ratio is rising, indicating an increase in the number of retired people compared to the number of working people.
In some countries (e.g. Germany and Italy), this results in one pensioner for every two workers.
The of the pension system comes into crisis when the demographic burden is high. Freezing pensions means not indexing them, which leads to a real decline in pensions taking inflation into account. It is one way of dealing with the lack of money in pension funds.
The need for savings: Being of working age, people should save for their future to ensure financial freedom and a comfortable retirement.
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