AIR+12 Jul 2018

Increasing longevity, reduction in government benefits call for revamp of 'social contract'

| 12 Jul 2018

Rising longevity and population aging are top among global megatrends that are placing a growing financial strain on social security safety nets, as well as workplace benefits such as defined benefit retirement plans. Livelihoods have been changed with technology advancements and flexible labour markets have rendered the job-for-life notion almost obsolete.

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