Aging poses a serious challenge to OECD (Organization of Economic Co-operation and Development) countries, in particular, how to pay for future public pension liabilities. And early retirement places an (1) burden on pension financing. There is no easy solution, but (2) retirement could help.
Early retirement may seem like a worthy individual goal, but it is a socially (3) one, and makes the present public pension system difficult to sustain for long. The (4) reason is that more people are retiring early and living longer. That means more retirees depending on the (5) of those in work for their income. The (6) is worrying. In the next 50 years, low fertility rates and (7) life expectancy in OECD countries will cause this old-age dependency rate to roughly double (8) size. Public pension payments, which afford 30% ～ 80% of total retirement incomes in OECD countries, are (9) to rise, on average, by over three
A. turbulent
B. strenuous
C. compact
D. intricate
Aging poses a serious challenge to OECD (Organization of Economic Co-operation and Development) countries, in particular, how to pay for future public pension liabilities. And early retirement places an (1) burden on pension financing. There is no easy solution, but (2) retirement could help.
Early retirement may seem like a worthy individual goal, but it is a socially (3) one, and makes the present public pension system difficult to sustain for long. The (4) reason is that more people are retiring early and living longer. That means more retirees depending on the (5) of those in work for their income. The (6) is worrying. In the next 50 years, low fertility rates and (7) life expectancy in OECD countries will cause this old-age dependency rate to roughly double (8) size. Public pension payments, which afford 30% ～ 80% of total retirement incomes in OECD countries, are (9) to rise, on average, by over three
A. unsolvable
B. additional
C. unsustainable
D. undue
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