Revolutionary pension reforms set to reshape retirement systems worldwide.
The article discusses how foreign countries are changing their pension systems. They found that countries are adjusting pensions based on budget limits and people's health. They also noted a trend towards a mix of state pensions and personal savings for retirement. The study suggests that countries with a mix of state and personal pensions are more stable. Overall, the research shows that countries are reforming their pension systems to reduce state spending and encourage personal savings for retirement.