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Intergenerational Fairness

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Intergenerational Fairness Requires Dialogue on Future Family Policies

Avatar: Andreas EDEL Andreas EDEL

Intergenerational solidarity is most effective within the family, which remains the main provider of support for dependent children, younger adults and older people in need of care. Family policies are therefore key to addressing this issue. Second, intergenerational fairness is about how financial resources and decision-making power are allocated to different age groups, but also about how individuals can contribute to a fair and age-balanced model of the welfare state. For example, later retirement and/or flexible working arrangements at an older age could help reduce the financial burden on pension systems. However, to be fair, this should take into account the capacity of individuals to work longer, e.g. depending on their health status, family situation, education, lifelong learning opportunities and access to the labor market. Both family and labor market policies should take into account that our families are becoming more diverse in terms of socio-demographic characteristics such as age, health, family composition, education or ethnicity. This will affect the ability of different families in different regions and places to adapt to the labor market or to new challenges such as climate change. Intergenerational dialogue, taking into account the interests, experiences and perspectives of people of all ages, is essential to ensure that no generation is left behind.

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