COVID-19 crisis adds pressure to private and public pensions systems

Capt. John

The COVID-19 crisis has compounded the challenges facing retirement savings and old-age pension arrangements and added new ones, according to a new OECD report. The OECD Pensions Outlook 2020 says that population ageing, low growth, low returns and low interest rates were already weighing heavily on funded and pay-as-you-go pension plans, defined benefit and defined …

The post COVID-19 crisis adds pressure to private and public pensions systems first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/covid-19-crisis-adds-pressure-to-private-and-public-pensions-systems/

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