The workforce is aging in most of the world's largest economies, which is putting unfunded pension systems under a lot of pressure.

The working age populations in Canada, Japan and Russia are projected to decline by 4 percent of their total population over the next eight years, according to new data by Mercer. Hong Kong will experience a 6 percent decline, while China, the United Kingdom and United States are expected to see a 2 percent decline in the working age group as a percentage of total population.

Pakistan, Brazil, India, Indonesia and Mexico will see their working age populations increase slightly by 2020.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.