Adequate and sustainable social security for all: responses in a new context

Abstract

Introduction: Social security in old age is one of the fundamental human rights. The current global tendency in population aging forces one to search for new, innovative solutions that will ensure that future pension schemes will be tailored to the generational needs and will fulfill the conditions to ensure a decent life for the elderly.Objective: The aim of this paper is to analyze the context of current efforts to ensure adequate pension scheme levels and to summarize possible solutions of this problem.Materials and methods: The author describes the demographic situation and social security in different areas of the world, focusing on a case study and analyzing existing data from international opinions.Results: Social security reforms must take full account of how social security schemes can support people particularly at risk in poverty in their working lives. It’s essential for social security to be flexible and adaptable to current life cycle patterns and individual needs.