Survey: Average Pension Insufficient for Most Slovaks

A new survey has found that the average pension in Slovakia is inadequate for most of the country's retirees. The insufficient pension levels are primarily attributed to demographic trends affecting the country's social security system. Slovakia faces a declining population and an aging demographic structure, creating long-term pressure on the pension system as fewer working-age people contribute to support a growing number of retirees. This demographic shift threatens the sustainability of Slovakia's pay-as-you-go pension system, where current workers fund current pensioners.