Why National Pension Systems Are a Ticking Time Bomb: QuickTake

As humans live longer, pensions need to fund retirements lasting many years or even decades. At the same time, pension funds face the challenge of eking out decent returns in an era of near-zero interest rates. Even before the coronavirus began exacting its economic toll, concerns were mounting that national pension plans the world over would struggle to meet their obligations. Adding to the difficulty: Attempts by governments to reform their systems have met with forceful popular resistance.

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