Abstract
The global population is aging at an unpredicted rate with a high decline in fertility.
Many of the European Union and Asian countries experience highest life expectancy as
compared to the rest of the world. The changing age structure in developing countries has yet
started to give an alarming situation. This paper will analyse the possible changes in certain
variables including labour force participation, pension system and retirement age. Special
emphasis will be placed to a variety of demographic and policy forces that are of vital
importance in evaluating the impact of population aging to stop gender discrimination in
pension funds. It ends with some policy options dedicated to forming active policies that are
essential in coping with the rapidly increasing number of elderly in the world.