Navigating the Hidden Challenges of Seafarers’ Retirement

Global trade depends on millions of seafarers, yet their retirement security remains a largely invisible crisis. In this episode, we unravel why traditional pension systems fail these crucial workers—due to fragmented contracts, complex multinational employment, and hazardous job conditions that demand earlier retirement.

Discover how seafarers face:

• Intermittent contractual work across multiple countries with no continuous pension contributions
• Fragmented pension pots scattered worldwide, often too small to support retirement
• High occupational risks requiring flexible early retirement and disability coverage
• A bureaucratic maze of conflicting national regulations and residency rules

We explore innovative solutions—from pioneering national schemes in Norway and Poland to cutting-edge tech ideas like blockchain-ledgers for global pension portability. Plus, we ask: should the maritime industry itself take on greater responsibility for securing seafarers’ futures?

If you care about the people who keep our global economy afloat, this episode offers a compelling look at a system creaking under pressure—and the urgent reforms needed.

Tune in now to uncover the unseen struggle behind the seafarers’ retirement puzzle.

Keywords: seafarer retirement, maritime pensions, global workforce, pension portability, Maritime Labour Convention, shipping industry, seafarer welfare, blockchain pensions, international labour rights

Call to Action: Press play to dive deep into the critical issue of seafarers’ retirement security and learn why this hidden workforce deserves better protections today.

Created using own article and NotebookLM.

https://youtu.be/OvOz1mREeoE