Developing future-proof pension systems in Europe over the near term is critical to ensuring retirement security and providing capital for the real economy, a report from the World Economic Forum (WEF) has stated.
Its Leaders for European Growth and Competitiveness report noted that European pension systems were facing a range of challenges as longer life expectancies, lower birth rates, and a shrinking working age population were increasing old-age dependency ratios and putting growing pressure on public pension systems




