Pension Reforms in Europe: How Far Have We Come and Gone?
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Summary:
In the past few decades, a myriad of reforms in Europe have had a significant impact on the way and extent to which public pensions provide retirement income. This departmental paper takes stock of where European pension systems stand and assesses their key characteristics. We present a novel measure of the balance between lifetime benefits and contributions—the Proportionality Measure—to examine pension systems’ long-term sustainability, fairness, and intergenerational equity
Series:
Departmental Paper No 2021/016
Subject:
Aging Expenditure Fiscal policy Labor Pension reform Pension spending Pensions Political economy Population and demographics Retirement
Frequency:
occasional
English
Publication Date:
September 10, 2021
ISBN/ISSN:
9781513593920/2616-5333
Stock No:
PREHFWCGEA
Pages:
93
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