The Impact of Population Ageing and Demographic Changes in Pension Schemes in Europe

Enkeleda Shehi – Tirana Business University College, Faculty of Business and Law, Rruga Rezervat e Shtetit, Tirana, Albania

Abstract: This paper examines how population ageing influences pen­sion expenditures across European Union (EU) countries, drawing upon dif­ferent statistical data. The ageing demographic, characterized by extend­ed life expectancy and diminishing birth rates, presents challenges to the current pension systems. With projections indicating fewer contributors and more retirees in the future, pension expenses are expected to strain public fi­nances and impact intergenerational equity. As ageing trends persist, ad­justments in regulations, policy reforms, and diversified financial approach­es become very important in order to uphold the adequacy and equity of pension systems. This research underscores the necessity for reforms aimed at ensuring the enduring sustainability of pension systems amidst these de­mographic shifts.

8th International Scientific Conference – EMAN 2024 – Economics and Management: How to Cope With Disrupted Times, Rome, Italy, March 21, 2024, CONFERENCE PROCEEDINGS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-83-7, ISSN 2683-4510, DOI: https://doi.org/10.31410/EMAN.2024

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