Socio-economic context of pension reform Socio-demographic trends a People live longer and get fewer children Changing labour markets 0 Men retire earlier and enter the labour market later o Increase in women' s labour market participation converging towards the male pattern Changing family structures a New family structures with more single person households o Increase in women's paid work implying less time for caring (elderly children a New social demands due to increase in number of lone parents 口 Child poverty U N I KASSEL VER SIT AT4 Socio-economic context of pension reform Socio-demographic trends  People live longer and get fewer children Changing labour markets  Men retire earlier and enter the labourmarket later  Increase in women’s labourmarket participation converging towards the male pattern Changing family structures  New family structures with more single person households  Increase in women’s paid work implying less time for caring (elderly & children)  New social demands due to increase in number of lone parents  Child poverty