Policy makers around the world are grappling with the need to revamp existing private pension schemes and benefit systems. Companies must reexamine their programs to meet the needs of today's employees.
Most countries show a similar pattern of retirement.
Some countries are responding better than others. There is no universal answer. Each is responding to its own particular pension issues. We'll take a look at several pension schemes currently being instituted around the world and compare and contrast the pros and cons of each. There is no way to escape this corporate trend.