The EU’s Retiree Emergency


 
Fertility rates have broadly been falling across the EU for many decades. Simultaneously, retirees are living longer and forming an ever-larger part of the EU population. These factors are causing an extraordinary decline in the number of working-age people available to support the expanding number of retirees.

Number of Working-Age People (15-64) to each Dependent (65+) across the EU
The working-age population represents those aged 15 to 64. Period: 1950-2050.
The EU’s Retiree Emergency




Note: The EU is categorised as those 27 states that remain members to this day (therefore, the UK is excluded).

In 1950, the average EU retiree was supported by nearly 8 people of working age. A century later, it is projected there will be less than 2. Compared to the working-age population, the 65+ cohort cost EU Governments far more in pension, medical, and old-age-care liabilities (estimates vary, but 3 times seems a minimum factor). Clearly, an unprecedented and increasingly unsustainable tax burden is emerging across the EU.

More for subscribers:  
See more...The EU Faces Serious Depopulation, Starting Now
See more...The Alarming Cost of Aging Demographics
See more...More data for the EU...



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