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World Economic Forum and Mercer report on an ageing population and the impact on business

Last updated: 23 September 2008

 

 

M. Michele Burns “A rapidly ageing world population will have profound implications for both developed and developing countries. How elderly people are regarded and treated is the hallmark of a civilized society. 

 

Mercer has worked with the World Economic Forum on this timely report because all stakeholders recognize that a secure retirement and access to health care in older age are significant forces for social cohesion. This, in turn, is essential to global economic and social stability.”

 

M. Michele Burns
Chairman and Chief Executive Officer, Mercer

 

The ratio of elderly persons to the working age population will dramatically increase in coming years in many parts of the world. With a declining labor force, an ageing population and looming health care and pension benefits, employers will play a critical role in shaping public policy and addressing these concerns. 

 

The World Economic Forum, in partnership with Mercer, has just published “The Future of Pensions and Healthcare in a Rapidly Ageing World: Scenarios to 2030”.

 

The report addresses important questions such as:

 

  • What will the state of pensions and health care look like in the year 2030, taking key drivers and critical uncertainties into account?
  • What might be the role of governments, the private sector and individuals in the year 2030? 

  

The full report is available on the World Economic Forum  web site.

 

Drawing upon the insights and analyses offered by the World Economic Forum, Mercer has published a Perspective  in which leading experts draw upon practical experience consulting in four areas affected by an ageing population – pension plan design, Defined Benefit plans and action steps for employers, health care planning, and workforce planning. These perspectives can also be accessed directly from the links below as can our press release.


Mercer Perspective

The Future of Pensions and Healthcare in a Rapidly Ageing World: Scenarios to 2030

   

This article provides an overview of the World Economic Forum’s report, in partnership with Mercer, on an ageing society, the impact on pensions and health care provision and the implications for businesses and societies worldwide.

 

Written by the World Economic Forum's Associate Directors, Bernd Jan Sikken, Chiemi Hayashi, Nicholas Davis – and Heli Olkkonen, Mercer Principal, seconded to the World Economic Forum.

 

email author Heli Olkkonen  email author Bernd Jan Sikken   email author Chiemi Hayashi   email author Nicholas Davis

 


Pension plan design: Implications of an ageing population

   
Here we look at the World Economic Forum’s scenario approach to pension systems, which allows companies to model the impacts of an ageing population on pension and health care and to consider the potential features of future pension systems under each of the Forum’s three scenarios.

 

email author Ben Facer

  


DB plans and an ageing population: Implications and action steps for employers  

   

In this article, the authors adopt the perspective of a multinational sponsor of (Defined Benefit) DB plans and reflects on the potential consequences of each of the Forum’s three scenarios for financing and managing these plans.

    

email author Mick Moloney   email author Bob Moreen 

  


Global impact: Healthcare planning for an ageing world

  
This article tracks the impact of the macro forces identified by the Forum’s report on the future health of the global workforce, on companies’ financial health and on global economic growth.

      

email author  Christine Owen  

 


Labor pains: Planning for the future with an ageing workforce  

 

Businesses worldwide face many challenges as they try to shape a future workforce that will fit their needs. Here we look at how companies can meet these challenges and prepare for the future by using workforce planning.

 

email author  Jay Doherty 


Read our Press Release

www.mercer.com/ageingpopulation 

 

 


Read or download the complete Mercer Perspective in PDF format

Read or download


World Economic Forum and Mercer report on an ageing population and the impact on financing retirement and health care.


World Economic Forum

Learn more about the Forum and download the report


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Mercer Perspectives

 

We produce regular publications and perspectives covering a wide range of business issues. Read our latest editions

Retirement
Health & Benefits
Human capital  
Investment consulting