MaxPlanckResearch 2/2013A Hard Piece of Work
Everyone who has worked for a long time wants to enjoy a sufficient pension. But is this still realistic given the scale of demographic change? How could the social insurance system be reformed to take the pressure off contributors and still prevent poverty in old age? Axel Börsch-Supan conducts research in the politically charged field of pension financing, extended life expectancy and the threat of declining solidarity at the Munich Center for the Economics of Aging (MEA), part of the Max Planck Institute for Social Law and Social Policy. He says the most important area to improve upon is labor force participation.