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BusinessWeek International Cover Story: Global Aging and Pensions -- There Are Solutions
BusinessWeek 
Jan. 21, 2005 Excerpt: The rollback of pension promises is just one symptom of one of the greatest sociological shifts in history: The graying of the baby-boom generation. The ranks of 60-year-olds and older are growing 1.9% a year -- 60% faster than the overall world population. In 1950 there were 12 people aged 15 to 64 to support each one of retirement age. Now the global average is nine. It will be only four-to-one by mid-century, predicts the UN Population Div. MORE >> |
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