The recommended measures have included increasing the statutory retirement age and reforming the health care system by increasing insurance premiums and improving efficiency in the health care sector.
Notwithstanding these measures, a trade-off between collective social solidarity and individual responsibility  BIS central bankers’ speeches  1  will have to take place in Curaçao to mitigate the increasing pressure of the aging population on the social security and health care systems. In this context, increasing the labor force participation, including female participation, is crucial.