Baby boomers' pensions cost the government almost a third more
Allianz SE | Munich | Apr 28, 2015
The baby boom in Italy isn't the same as the baby boom in Germany. Our series of graphics shows when the baby boom happened in different countries, and what the effect on our pensions will be when all the baby boomers give up work. Experts are already warning of a "silver tsunami".
The baby boom in Italy isn't the same as the baby boom in Germany. When did the baby boom take place around the world?
Governments will have to pay out around a third more in pensions when the baby boomers retire.
Not all countries are affected in the same way. This (details in percent) is how the global working-age population is changing.
