Trade Union Experts Warn of Social Security Deficits

The article indicated that the financial deficit of social funds in Tunisia has reached around 7 billion dinars. This is the result of multiple factors, most notably demographic shifts and a declining ratio of workers to retirees, which has decreased from 8.3 active workers per retiree to 2.3 currently, and is expected to drop to 1.1 by 2031. This makes funding pension benefits increasingly difficult. Additionally, outdated and makeshift financial policies, along with reliance on non-diverse sources of funding, have exacerbated the problem. Revenues of the funds have declined while their expenses for pensions have risen, leading to a liquidity shortage and a negative impact on healthcare service providers. Experts have called for fundamental reforms, including separating contribution collection processes, diversifying funding sources, and involving the informal sector—where about 2.5 million workers are unorganized—to ensure the sustainability of the social security system.

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