How To Make European Pensions Adequate And Sustainable
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How To Make European Pensions Adequate And Sustainable
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Author : Juraj Draxler
language : en
Publisher: CEPS
Release Date : 2009
How To Make European Pensions Adequate And Sustainable written by Juraj Draxler and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Presents the results of the research project on Adequacy and Sustainability of Old Age Income in the EU (AIM). Examines the differences among EU member States when it comes to saving for retirement. Suggests that while in some countries the working age population is able to sustain their consumption on retirement, in others there ia a significant saving gap.
Sustainability Of Pension Systems In The New Eu Member States And Croatia
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Author : Leszek Kasek
language : en
Publisher: World Bank Publications
Release Date : 2008-02-01
Sustainability Of Pension Systems In The New Eu Member States And Croatia written by Leszek Kasek and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-02-01 with Business & Economics categories.
This study finds that pension reforms in recent years have improved the efficiency and sustainability of pension systems in the new member states of the European Union and Croatia. However, for many countries, these probably have not gone far enough to ensure long-term sustainability, given the aging of the population. Reforms have included changes to Pay-As-You-Go (PAYG) systems, including increases in retirement ages (not at least for women), new benefit formulas, and new indexation mechanism. Some countries (Latvia and Poland) have further strengthened the link of contributions and benefits to the sustainability of the PAYG system through the introduction of national defined contribution accounts. The link is strengthened also by moving to a point system, which has been adopted by many of the countries. Several countries have introduced a second, private, pension pillar, funded through diversion of part of the pension contributions, thereby diversifying risk. However, some countries (in particular the Czech Republic, Slovenia, and Romania) will need to do more to safeguard the long-term viability of their pension systems, while others face challenges to ensure equitable pension systems and adequate living standards for all elderly people.
Towards Adequate Sustainable And Safe European Pension Systems
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Author : Comisión Europea (Bruselas, Bélgica). Dirección General para Mercado Interno y Servicios
language : en
Publisher:
Release Date : 2010
Towards Adequate Sustainable And Safe European Pension Systems written by Comisión Europea (Bruselas, Bélgica). Dirección General para Mercado Interno y Servicios and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Old age pensions categories.
The European Commission's Green Paper "Towards adequate, sustainable and safe European pension systems" invites interested parties to submit their views on future pension provision and how the EU can best support national-level efforts. The Paper reviews the current EU pensions framework and goes on to set out the main challenges to providing adequate, sustainable and safe pensions and the priorities for modernising pension policy in the EU. It also looks at the need to improve both pension data collection and EU-level governance of pension policy. Finally, the Paper provides information on how to contribute to the consultation, as well as a glossary of terms and detailed statistical annex. (EU Bookshop).
Towards Sustainable But Still Adequate Pensions In The Eu Theory Trends And Simulations
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Author : Jørgen Mortensen
language : en
Publisher: CEPS
Release Date : 2009
Towards Sustainable But Still Adequate Pensions In The Eu Theory Trends And Simulations written by Jørgen Mortensen and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Towards Sustainable But Still Adequate Pensions In The Eu
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Author : Juraj Draxler
language : en
Publisher:
Release Date : 2012
Towards Sustainable But Still Adequate Pensions In The Eu written by Juraj Draxler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
This report is a summary of the research project on the 'Adequacy and Sustainability of Old-Age Income Maintenance' (AIM). Thirteen institutes from across the EU have collaborated on the task of assessing the situation of today's pensioners and providing insights into future trends and policy options for securing adequate income for EU pensioners. The AIM project produced several state-of-the-art additions to the debate on EU pension reforms. Among others, the National Institute of Economic and Social Research in the UK calculated cohort spending for a sample of European countries to show how much countries need to save to take care of future pensioners. The team led by the Belgian Federal Planning Bureau developed the first EU, multi-country, dynamic simulation model for pension expenditure called MIDAS. A group of research institutes led by the Netherlands Institute for Social Research provided a current map of the social exclusion of the elderly in the EU. The report starts with a discussion on what pensions we can consider adequate. Indicators of adequacy are proposed. Then, to determine the different pension mechanisms in existence in the EU and the prevalence of various kinds of schemes, the report provides an up-to-date classification of pension systems. This classification section is followed by an analysis of public opinion on pension reforms. While the public is generally in favor of the status quo, certain segments of the population fear and resist changes for diverse reasons. The bulk of the study entails a statistical description of the material situation of the elderly in the EU-15 and the new member states, simulations of assorted policy scenarios and discussions on incentives to retire or stay in the labor force. The broad conclusion of the report is that the pension incomes of future generations are under threat everywhere, mostly owing to demographic developments. Yet policy-makers have a range of reform options at their disposal that, when implemented with careful regard for the political and social context, can ensure adequate incomes of the elderly in the future.
Joint Report On Pensions
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Author :
language : en
Publisher:
Release Date : 2010
Joint Report On Pensions written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Old age pensions categories.
Recoge: 1. An introduction to pensions reform- 2. A decade in pension reform in the EU - 3. The impact of the crisis - 4. Policy challenges over the long-term - 5. Policy implications.
Pensions More Information Less Ideology
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Author : Tito Boeri
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17
Pensions More Information Less Ideology written by Tito Boeri and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-17 with Business & Economics categories.
Europeans are living longer, and fewer now remain in the labour force as they grow older. Many European countries have responded to the ensuing financial pressure by reforming their public pension systems and health care programmes. There is considerable uncertainty as to the effects of these reforms - as they typically do not alter the unfunded nature of public welfare arrangements and this uncertainty is itself costly. Not only does it undermine the credibility of public welfare programmes, but it may also distort labour supply behaviour, decisions regarding savings and capital accumulation. More generally there is uncertainty about the overall impact of ageing on welfare and society and the multiple domains in which its effects may develop. Pensions: More Information, Less Ideology builds on the existing evidence - mostly in the field of public pensions - and highlights the advantages that would be obtained by: harmonising methodologies used in the various countries to report pension outlays and forecast future pension liabilities or more generally public spending; defining common standards as to the frequency of expenditure forecasts and the length of the forecast horizons for welfare expenditures; developing European longitudinal survey of persons pre- and post retirement age, providing timely information on a wide array of decisions by individuals and household related to the ageing process and the ongoing trends.
Towards Adequate Sustainable And Safe European Pension Systems
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Author :
language : en
Publisher:
Release Date : 2011
Towards Adequate Sustainable And Safe European Pension Systems written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Adequate And Sustainable Pensions
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Author : European Commission. Directorate-General for Employment, Social Affairs and Equal Opportunities. Unit E.4
language : en
Publisher:
Release Date : 2006
Adequate And Sustainable Pensions written by European Commission. Directorate-General for Employment, Social Affairs and Equal Opportunities. Unit E.4 and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with EU categories.
" This second report on Adequate and Sustainable Pensions provides a synthesis of recent developments in the area of pension reform in the EU" -- P. 3.
Equitable And Sustainable Pensions
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Author : Mr.Benedict J. Clements
language : en
Publisher: International Monetary Fund
Release Date : 2014-03-08
Equitable And Sustainable Pensions written by Mr.Benedict J. Clements and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-08 with Business & Economics categories.
Pension reform is high on the agenda of many advanced and emerging market economies, for many reasons. First, public pensions often constitute a large share of government expenditure. Second, population aging means that reforms would be needed just to keep pension spending from rising in the future. Third, in many economies, low or falling pension coverage will leave large segments of the population without adequate income in old age and at risk of falling into poverty. Although a number of studies have assessed the effects of pension reforms on fiscal sustainability, a systematic analysis of equity issues in pension systems—and how countries have grappled with these issues—has yet to be undertaken. This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world. Some of the key issues covered include: the effect of pension systems on intergenerational equity and the impact of pension reforms on poverty, the effects of pension reform measures on fiscal sustainability and equity, and the fiscal consequences of achieving different equity goals. It also presents country case studies. The volume provides a rich menu of material to assist policymakers and academic audiences seeking to understand the latest research in this area, as well as the lessons and challenges for the design of reforms.