Pension reforms: an illustrated basic analysis
AbstractThe paper examines pension reform under ageing. Using stylised facts, ageing is traced to low fertility and increasing longevity. Given these persistent factors, pension systems must be reformed to avoid an unfair burden being left for future generations.
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Bibliographic InfoPaper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 201.
Length: 62 pages
Date of creation: Apr 2004
Date of revision:
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pension reform; pre-funding; privatisation; defined benefits; notional defined contribution system; Oksanen;
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- Heikki Oksanen, 2009. "Setting targets for government budgets in the pursuit of intergenerational equity," European Economy - Economic Papers 358, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
- van Sonsbeek, Jan-Maarten, 2010. "Micro simulations on the effects of ageing-related policy measures," Economic Modelling, Elsevier, vol. 27(5), pages 968-979, September.
- Roel Beetsma & Heikki Oksanen, 2008. "Pensions under Ageing Populations and the EU Stability and Growth Pact ," CESifo Economic Studies, CESifo, vol. 54(4), pages 563-592, December.
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