Changes

==Spain==

==Spain==

[[Spain]] has the highest worker-pensioner ratio in the world. Four workers currently contribute 21.3% of thier income to support one Social Security recipient.<ref>http://siteresources.worldbank.org/INTPENSIONS/Resources/395443-1142535808399/2329423-1170369479400/Pensions_in_Aging_Societies_Galasso.pdf</ref> These numbers are particularly alarming given Spanish [[Unemployment]] has risen to a record high of 20%<ref>http://www.google.com/publicdata?ds=z9a8a3sje0h8ii_&met=unemployment_rate&idim=eu_country:ES&dl=en&hl=en&q=spanish+unemployment</ref> after the [[global Financial Crisis of 2008]].

[[Spain]] has the highest worker-pensioner ratio in the world. Four workers currently contribute 21.3% of thier income to support one Social Security recipient.<ref>http://siteresources.worldbank.org/INTPENSIONS/Resources/395443-1142535808399/2329423-1170369479400/Pensions_in_Aging_Societies_Galasso.pdf</ref><ref>http://spanishinsight.blogspot.com/2010/10/when-will-spanish-pensions-system.html</ref> These numbers are particularly alarming given Spanish [[Unemployment]] has risen to a record high of 20%<ref>http://www.google.com/publicdata?ds=z9a8a3sje0h8ii_&met=unemployment_rate&idim=eu_country:ES&dl=en&hl=en&q=spanish+unemployment</ref> after the [[global Financial Crisis of 2008]].

By 2050 the worker-pensioner ratio in Spain is projected to shrink to 1.4 workers for every recipient.<ref>http://www.un.org/esa/population/publications/worldageing19502050/</ref>

By 2050 the worker-pensioner ratio in Spain is projected to shrink to 1.4 workers for every recipient.<ref>http://www.un.org/esa/population/publications/worldageing19502050/</ref>