Elderly poverty in EU25
The prevention of social exclusion and poverty of elderly people is one of the key objectives of the national social policies. Bearing in mind the variety and diversity of national pensions and social assistance systems, the Open Method of Coordination (OMC) in the field of pensions was introduced by the European Commission, principally to promote cooperation on national policies and to support transnational exchange of learning and good practices. The research undertaken by researchers at the European Centre Vienna for the European Commission are presented in two reports: the first report provides a concise description of poverty risks faced by the current populations of elderly people in the enlarged EU25, and the second report analyses the possible impact of recent pensions reforms on the future populations of the elderly. This SPA-conference paper provides a synthesis of our findings in the two reports.
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- Markus Knell, 2005. "Demographic Fluctuations, Sustainability Factors and Intergenerational Fairness – An Assessment of Austria's New Pension System," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 23-42.
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