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Social Security, Household, and Family Dynamics in Ageing Societies (Hardcover, 1995 ed.)
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Social Security, Household, and Family Dynamics in Ageing Societies (Hardcover, 1995 ed.)
Series: European Studies of Population, 1
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Many industrialized countries are facing large problems with their
public pension systems in the 21st century. An unfavourable age
distribution, with lower population shares in working ages and
increasing shares and numbers of elderly persons in the future will
lead, under current pension systems, to a drop in contributions and
at the same time to sharply rising amounts of benefits paid. This
book analyzes the impact of dynamics in age structure and marital
status composition on future public pension expenditures in twelve
industrialized countries. It shows that there is no demographic
response to population ageing at the horizon 2030. Neither an
increase in fertility nor an inflow of migrants can rejuvenate
national populations, unless fertility and/or migration reach
unrealistically high levels. Therefore, the overall conclusion of
this book is that demographic variables are of limited help to
relieve the burden of future public pension expenditures.
Substantial reductions of the public pension burden have to be
sought in socioeconomic measures, and not in adjusting demographic
conditions. The book includes various demographic and pension
scenarios for pension costs in the coming decades for Austria,
Canada, the Czech and Slovak Republics, Finland, France, Germany,
Hungary, Italy, the Netherlands, Norway, Poland, and Sweden. Not
only old age pensions, but also disability and survivor pensions
have been investigated. Variant projections were calculated for
changes in demographic, labour force, and pension system variables.
In addition, separate case studies for three countries deal with: a
pension system in Austria in which benefits depend on the number
children ever born; the impact of household dynamics on social
security in the Netherlands, not just marriage and marriage
dissolution; and with the consequences of economic growth for
public pensions in Sweden.
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