The president of the Institute for Family Policy in Spain, Eduardo Hertfelder, stated this week that “Spain is now paying the price for allowing abortion.” As the number of young people declines in the country, less funds are generated to pay retirement benefits for the elderly.
According to Hertfelder, the reduction of young people aged 0-14 due to abortion “poses continual risk to the retirees of the future.”
“The lack of a younger population will, in the next 15-20 years, endanger retirement, as sufficient funds will not be generated to guarantee benefits,” he warned.
“Without abortion,” Hertfelder explained, “the younger population would have already surpassed the elderly.” However, as of 2008, he noted, “the number of people above the age of 65 is now over one million higher than the number of people under age 14.”
“The slight recovery in the birth rate has been truncated by the increase in abortions over the recent years,” he said. This has resulted in a “significant decrease in young people in the population pyramid.”