01743cas a2200241 a 4500 AALejournalIMF017994 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484323700 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Spain : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (61 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the challenges for the Spanish pension system. Spain's population, like those in many other advanced economies, is projected to age over the coming decades. Although projections are uncertain, the simple fact is that Spain's aging and shrinking population has put and will continue to put relentless pressure on contributory pension finances. The reforms adopted in 2011 and 2013 if fully implemented will ensure the financial viability of the contributory pension system. A package of reforms could include parametric changes such as automatically linking the retirement age to changes in life expectancy and adjusting accrual rates and the calculation of pensionable earnings. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/320 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/320/002.2017.issue-320-en.xml IMF e-Library