Repercussions of Economic and Social Factors on Pension Systems

Economic and social developments in recent years have left serious marks on pension systems. As forecasts for the following period are bleak, the need for uniting the efforts of public authorities with those of the business environment, research institutes and the academic community in order to identify viable solutions for both the present and the future, becomes increasingly obvious. Together they can identify remedies and contribute to the popularization of a problem whose consequences, once known, can be counteracted.The paper drafted, by studying the literature, confronts a number of common issues faced by pension systems in the current period and emphasizes the possibility of passing them on to the future, but with much more severe consequences.