The document discusses the results of a survey about public opinion on pension reform. It found that over 90% of respondents in Spain, the United Kingdom, and the United States supported reforms to address the rising costs of state pensions due to an aging population. The majority of respondents across multiple European countries believed governments should take a balanced approach of some reductions to individual pension payments and some tax increases.

1. SUPPORT FOR PENSION REFORM
WHAT SHOULD GOVERNMENT DO TO ADDRESS THE FINANCIAL IMPACT
OF AN AGING POPULATION ON STATE PENSIONS?
9 OUT OF 10 PEOPLE SURVEYED SUPPORT
PENSION REFORM
95%* 91%*
UNITED
SPAIN
STATES
94%* 69%*
UNITED THE
KINGDOM NETHERLANDS
*
TOTALS + + COMBINED
TOTAL COUNTRY GENDER
12.5%
18.3%
9000
42.1% 26.6%
FRANCE GERMANY HUNGARY
They should reduce the overall
cost of state pension provision
by reducing the value of
18.4% 40.6%
individual pension payments
28.2% 12.8%
They should increase overall
funding available for state POLAND SPAIN SWEDEN
pension by raising taxes, without
having to reduce payments
They should take a balanced
approach with some reduc-
tions in individual payments 19.2% 43.6%
and some increases in tax
25.0% 12.2%
They should not do anything.
State pension provision will
THE UNITED UNITED
remain perfectly affordable in
NETHERLANDS KINGDOM STATES
the future
The Changing Face of Retirement – The AEGON Retirement Readiness Survey 2012