Pension reforms are among the most controversial, the least popular and potentially the most perilous.
But it will be difficult to avoid it, according to the latest “Panorama of pensions” published Tuesday by the OECD.
Take a look back at 5 key trends.
To discover
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1- Current pensions were protected during the Covid
: while pension rights were maintained in most OECD countries during the health crisis, the funding of pension plans has nevertheless deteriorated due to lower Contribution receipts.
The deficits were mainly covered by the state budget.
The expanded use of job retention schemes and the extension of unemployment protection measures have considerably limited the effects of the COVID-19 crisis on future pensions.
But entering the labor market has become much more difficult and the professional prospects of the younger generations have darkened.
The effects of disturbances
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