Sustaining Pension Systems. Robbing Peter to Pay Paul? Theo Langejan, Chairman of the Social Protection Committee of the European Union
|
|
- Gertrude Carr
- 5 years ago
- Views:
Transcription
1 Sustaining Pension Systems and Ensuring Adequacy: Is it Robbing Peter to Pay Paul? Theo Langejan, Chairman of the Social Protection Committee of the European Union
2 EU-Level Cooperation on Pensions: A New Development Similar challenges opportunities for mutual learning Successes or failures in one country can affect others (common currency, pension rights of migrant workers) Common values regarding social protection of older people in spite of diverse pension systems
3 A Comprehensive Approach to the Challenge of Ageing Social and financial aspects cannot be separated: We need to avoid poverty among the elderly but future adequacy cannot be achieved through public borrowing Policy strategies that reconcile adequacy and sustainability are needed More employment longer working lives Sound public finances
4 Common objectives on pensions Adequacy (meeting the social objectives) Financial Sustainability (making sure that we can afford it) Modernisation (adapting to changing needs)
5 Common objectives (I) Adequate Ensure a decent living standard so as to Pensions prevent poverty and social exclusion in old age; allow the elderly to share in the economic well-being of their country and to participate in public, social and cultural life Provide access to appropriate pension arrangements necessary to maintain one s living standard Promote solidarity between and within generations
6 Common objectives (II) Financial Sustainability Employment Sound Public Finances Pension Systems Achieve a high level of employment Offer effective incentives for labour market participation of older workers Ensure sustainability of public finances Strike a fair balance between the active and the retired Ensure the financial sustainability of private pension schemes
7 Common objectives (III) Modernisation of pension systems Ensure compatibility with labour market flexibility and mobility Abolish sex discrimination Increase transparency and predictability of pension systems and their capacity to adapt to changing circumstances
8 Redistribution: Is it the Main Purpose of Pension Systems? Most people are economically self-sufficient sufficient but incomes earned between 20 and 60 need to last until 80 and beyond Pension schemes combine savings and insurance functions invalidity risk longevity risk risk of losing the main income provider in the household
9 Why States are Important in Pension Provision Pension schemes operate in historic timeframes Pension provision has to be mandatory to ensure that people acquire sufficient pension rights Public pensions are cheap to provide
10 Pay-as as-you-go: Who Pays Really? History matters: Pay-as as-you-go is a fair way of sharing resources in a growing economy No gift to the first pensioner generation as it replaces older forms of solidarity But is it financially sound in an ageing society?
11 Coping With Ageing Two aspects of ageing: the baby-boom boom cohort effect and rising life expectancy Pension schemes pay-as as-you-go or funded share current resources between the active and the retired
12 Increasing Longevity: Enabling People to Adapt How important is more leisure after 60 or 65? More choices for individuals: make more provision for old age retire later But choice only works if there are realy opportunities (health status, skills,, jobs) Solidarity will remain important, but it won't be robbery!
COUNCIL OF THE EUROPEAN UNION. Brussels, 23 November /01 LIMITE SOC 469 ECOFIN 334
COUNCIL OF THE EUROPEAN UNION Brussels, 23 November 2001 14098/01 LIMITE SOC 469 ECOFIN 334 FORWARDING OF A TEXT to : Coreper/Council (Employment and Social Policy) No. Cion Comm : 10672/01 ECOFIN 198
More informationCOMMISSION OF THE EUROPEAN COMMUNITIES
COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 27.01.2005 COM(2005)14 final COMMUNICATION FROM THE COMMISSION TO THE COUNCIL, THE EUROPEAN PARLIAMENT, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE
More informationMALTA 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM
MALTA 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM In Malta the mandatory earning related pension scheme covers old-age pensions, survivor's benefits and invalidity pensions for employed people. It is
More informationTHE IRISH PENSION MODEL
Reinventing Retirement: Balancing Risk THE IRISH PENSION MODEL Anne Maher Chief Executive Washington DC The Pensions Board 19 July 2005 Ireland Background Agenda Current Irish pension model Issues arising
More informationThe Danish labour market System 1. European Commissions report 2002 on Denmark
Arbejdsmarkedsudvalget AMU alm. del - Bilag 95 Offentligt 1 The Danish labour market System 1. European Commissions report 2002 on Denmark In 2002 the EU Commission made a joint report on adequate and
More information"Opportunities and Challenges of Demographic Change in Europe"
SPEECH/10/385 László Andor EU Commissioner Employment, Social Affairs and Inclusion "Opportunities and Challenges of Demographic Change in Europe" Economic Council Brussels Brussels, 13 July 2010 Ladies
More informationEaSI European Union Programme for Employment and Social Innovation E.TASSA DG EMPL/C2
EaSI European Union Programme for Employment and Social Innovation 2014-2020 E.TASSA DG EMPL/C2 emanuela.tassa@ec.europa.eu European Union programme for Employment and Social Innovation EaSI is a financing
More informationANNEX ANNEX. to the. Proposal for a COUNCIL DECISION. on guidelines for the employment policies of the Member States
EUROPEAN COMMISSION Brussels, 22.11.2017 COM(2017) 677 final to the Proposal for a COUNCIL DECISION on guidelines for the employment policies of the Member States EN EN Guideline 5: Boosting the demand
More informationThe EU Reference Budgets Network pilot project
The EU Reference Budgets Network pilot project Towards a method for comparable reference budgets for EU purposes Summary We develop reference budgets that represent the minimum resources that persons need
More informationPreamble. Having been convened at Geneva by the Governing Body of the International Labour Office, and having met in its 101st
R202 - Social Protection Floors Recommendation, 2012 (No. 202) Recommendation concerning National Floors of Social ProtectionAdoption: Geneva, 101st ILC session (14 Jun 2012) - Status: Upto-date instrument.
More informationExecutive Summary. Findings from Current Research
Current State of Research on Social Inclusion in Asia and the Pacific: Focus on Ageing, Gender and Social Innovation (Background Paper for Senior Officials Meeting and the Forum of Ministers of Social
More informationAGE Platform Europe contribution to the Draft Report on an Adequate, Safe and Sustainable pensions (2012/2234(INI)) Rapporteur: Ria OOMEN-RUIJTEN
18 December 2012 AGE Platform Europe contribution to the Draft Report on an Adequate, Safe and Sustainable pensions (2012/2234(INI)) Rapporteur: Ria OOMEN-RUIJTEN AGE Platform Europe, a European network
More informationAGE contribution to the European Commission s consultation on Europe s Social Reality : a stocktaking. 14 February 2008
AGE contribution to the European Commission s consultation on Europe s Social Reality : a stocktaking 14 February 2008 Introduction Europe s social reality has become a subject of intense debate at EU
More informationThe impact of the European Union common pension objectives on the Estonian pension system
The impact of the European Union common pension objectives on the Estonian pension system English summary Ene-Margit Tiit Lauri Leppik Andres Võrk Reelika Leetmaa PRAXIS Centre for Policy Studies Tallinn,
More information2005 National Strategy Report on Adequate and Sustainable Pensions; Estonia
2005 National Strategy Report on Adequate and Sustainable Pensions; Estonia Tallinn July 2005 CONTENTS 1. PREFACE...2 2. INTRODUCTION...3 2.1. General socio-economic background...3 2.2. Population...3
More informationTOWARDS SUSTAINABLE AND FAIR PENSIONS
Adopted Policy Paper TOWARDS SUSTAINABLE AND FAIR PENSIONS Introduction We Greens consider pensions as a right, and as a tool for people to reach a healthy and happy balance within and across the various
More informationMorteza Aalabaf-Sabaghi Assia Billig Sam Gutterman Martin Stevenson. 14 October 2015, Vancouver
Morteza Aalabaf-Sabaghi Assia Billig Sam Gutterman Martin Stevenson 14 October 2015, Vancouver Chapter 1 Chapter 2 age? Perspectives on retirement Why increase the eligibility Chapter 3 Assessing the fairness
More informationPOLAND. National Strategy Report on Adequate and Sustainable Pensions
POLAND National Strategy Report on Adequate and Sustainable Pensions Ministry of Social Policy Warsaw, August 2005 1 TABLE OF CONTENTS INTRODUCTION... 3 CHAPTER 1. BASIC FEATURES OF THE PENSION SYSTEM,
More informationFinancial Services User Group (FSUG)
Financial Services User Group (FSUG) FSUG draft response to the study on the performance and adequacy of pension decumulation practices in four EU countries (26-10-2016) Background information The ultimate
More informationSPC monitoring of the social situation. Solidar Conference EPSR Achieving upwards convergence with a rights based approach?
SPC monitoring of the social situation Solidar Conference EPSR Achieving upwards convergence with a rights based approach? 6/12/2016 SPC monitoring tools Portfolio of EU-Social Indicators Social Protection
More informationTOWARDS SUSTAINABLE AND FAIR PENSIONS
5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 1 2 3 4 Draft policy paper to be voted on TOWARDS SUSTAINABLE AND FAIR PENSIONS Introduction We Greens
More informationIOE COMMENTS CEACR GENERAL SURVEY 2019: ILO Social Protection Floors Recommendation, 2012 (No. 202)
Geneva, 12 October 2018 Committee of Experts on the Application of Conventions and Recommendations (CEACR) International Labour Office (ILO) 4, Route de Morillons 1211 Geneva 22 IOE COMMENTS CEACR GENERAL
More informationMeeting Social Needs in an Ageing Society
Meeting Social Needs in an Ageing Society Dr Krzysztof Iszkowski DG for Employment, Social Affairs and Equal Opportunities Social and demographic analysis 2 European population is growing, but: for how
More informationCOMMISSION OF THE EUROPEAN COMMUNITIES COMMISSION STAFF WORKING DOCUMENT. Demography Report 2008: Meeting Social Needs in an Ageing Society
COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, SEC(2008) 2911 COMMISSION STAFF WORKING DOCUMT Demography Report 2008: Meeting Social Needs in an Ageing Society Executive Summary SUMMARY Member States
More informationEEA AGREEMENT - PROTOCOL 38C p. 1 PROTOCOL 38C{ 1 } ON THE EEA FINANCIAL MECHANISM ( ) Article 1
1.8.2016 - EEA AGREEMENT - PROTOCOL 38C p. 1 PROTOCOL 38C{ 1 } ON THE EEA FINANCIAL MECHANISM (2014-2021) Article 1 1. Iceland, Liechtenstein and Norway ( the EFTA States ) shall contribute to the reduction
More informationPensions for Women Presentation to Irish Women Lawyers Assocation 4th July 2009 Rachel Doyle NWCI Head of Outreach and Support
Pensions for Women Presentation to Irish Women Lawyers Assocation 4th July 2009 Rachel Doyle NWCI Head of Outreach and Support Good morning everyone I would like to extend my thanks to the IWLA for inviting
More informationyear thus receiving public pension benefits for the first time. See Verband Deutscher Rentenversicherungsträger
The German pension system was the first formal pension system in the world, designed by Bismarck nearly 120 years ago. It has been very successful in providing a high and reliable level of retirement income
More informationSustainability and Adequacy of Social Security in the Next Quarter Century:
Sustainability and Adequacy of Social Security in the Next Quarter Century: Balancing future pensions adequacy and sustainability while facing demographic change Krzysztof Hagemejer (Author) John Woodall
More informationInternational social security standards and challenges to social security
15 th PPF MEMBERS CONFERENCE Arusha 19-21 October 2005 International social security standards and challenges to social security Lessons for a Tanzanian reform debate Krzysztof Hagemejer Policy coordinator
More informationSocial Protection for All and Protecting People and Employment: A Path to Sustainable Development DR. ANDRÉ VINCENT HENRY
Social Protection for All and Protecting People and Employment: A Path to Sustainable Development CEC/ CCL 2ND REGIONAL BIPARTITE MEETING HYAT T REGENCY HOTEL PORT OF SPAIN, TRINIDAD AND TOBAGO 26-29 SEPTEMBER
More informationUniversidade de Lisboa
Universidade de Lisboa ISEG Development Studies Seminar 2018 February 22, 2018 Human Needs and Income Adequacy in Portugal José António Pereirinha (ISEG, Universidade Lisboa) 1 Adequacy of living standard
More informationPopulation Activities Unit Tel Palais des Nations Fax
Population Activities Unit Tel +41 22 917 2468 Palais des Nations Fax +41 22 917 0107 CH-1211 Geneva 10 http://www.unece.org/pau Switzerland E-mail: ageing@unece.org Guidelines for Reporting on National
More informationST. JOHN S. COLLOQUIUM Determination of Retirement and Eligibility Ages: Actuarial, Social and Economic Impacts
ST. JOHN S COLLOQUIUM Determination of Retirement and Eligibility Ages: Actuarial, Social and Economic Impacts Assia Billig, IAA Population Issues Working Group JUNE 27-29, 2016 IAA Population Issues Working
More informationInclusive Growth and Adult Ageing
Inclusive Growth and Adult Ageing Simon Biggs Biggss@unimelb.edu.au Sbiggs@bsl.edu.au A long Life in Context The Changing Adult Lifecourse Current Policy Narratives Lifecourse Priorities Re-thinking the
More informationPROMOTING GENDER EQUALITY FOR OLDER PEOPLE IN THE EU AGE STATEMENT FOR THE 2007 EUROPEAN YEAR OF EQUAL OPPORTUNITIES FOR ALL
EN PROMOTING GENDER EQUALITY FOR OLDER PEOPLE IN THE EU AGE STATEMENT FOR THE 2007 EUROPEAN YEAR OF EQUAL OPPORTUNITIES FOR ALL The European Older People s Platform La Plate-forme européenne des Personnes
More informationThe Role of Provident Funds in Social and Economic Development
The Role of Provident Funds in Social and Economic Development Cynthia Hui Session Number: WPS2 Primary Purpose of Provident Funds Funds into which employers and employees pay contributions regularly for
More informationPREVENTING AGEING UNEQUALLY
Evaluation of the Norwegian Pension Reform Conference Oslo 25 May 2018 OECD REPORT PREVENTING AGEING UNEQUALLY Manuel Flores Economist, Pensions and Population Ageing OECD OECD Report PREVENTING AGEING
More informationEQUAL SOCIETIES: FOR A STRONGER DEMOCRACY IN EUROPE PES PARTY OF EUROPEAN SOCIALISTS LISBON, 7-8 DECEMBER 2018 SOCIALISTS & DEMOCRATS RESOLUTIONS
PES SOCIALISTS & DEMOCRATS EQUAL SOCIETIES: FOR A STRONGER DEMOCRACY IN EUROPE PARTY OF EUROPEAN SOCIALISTS LISBON, 7-8 DECEMBER 2018 RESOLUTIONS 2018 PES Congress RESOLUTIONS Lisbon, 7-8 December www.pes.eu
More informationCYPRUS 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM
CYPRUS 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM The pension system in Cyprus is almost entirely public, with Private provision playing a minor role. The statutory General Social Insurance Scheme,
More informationProposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL. on the European Year for Active Ageing (2012) (text with EEA relevance)
EUROPEAN COMMISSION Brussels, 6.9.2010 COM(2010) 462 final 2010/0242 (COD) C7-0253/10 Proposal for a DECISION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the European Year for Active Ageing (2012)
More informationSubmission on the Productivity Commission s commissioned study. Economic Implications of an Ageing Australia
Submission on the Productivity Commission s commissioned study Economic Implications of an Ageing Australia October 2004 1 About Volunteering Australia Volunteering Australia is the national peak body
More informationChallenges on Dutch and Finnish roads towards extending citizens working life: The current debates.
MUTUAL LEARNING PROGRAMME: PEER COUNTRY COMMENTS PAPER FINLAND Challenges on Dutch and Finnish roads towards extending citizens working life: The current debates. Peer Review on Activation of elderly:
More informationCOMMISSION OF THE EUROPEAN COMMUNITIES COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT
COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 18.3.2002 COM(2002) 143 final COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT Europe's response to World Ageing Promoting economic
More informationNATIONAL STRATEGY REPORT ON THE DANISH PENSION SYSTEM JULY 2005
NATIONAL STRATEGY REPORT ON THE DANISH PENSION SYSTEM JULY 2005 NATIONAL STRATEGY REPORT ON THE DANISH PENSION SYSTEM - 2005 07/07/2005 1. INTRODUCTORY REMARKS This strategy report was prepared in cooperation
More informationADEQUACY AND SUSTAINABILITY OF PENSIONS
EUROPEAN SEMESTER THEMATIC FACTSHEET ADEQUACY AND SUSTAINABILITY OF PENSIONS 1. INTRODUCTION Pensions are the main source of income for older people in Europe, coming mostly from 'pay-as-you-go' public
More informationin the European Union
The Geneva Papers on Risk and Insurance, 19 (No. 73, October 1994) 496-502 Age Discrimination Against Older Workers in the European Union by Elizabeth Drury * Summary This paper aims to define the concept
More informationHousing Europe Manifesto for the European Elections 2019
Housing Europe Manifesto for the European Elections 2019 «INVESTING IN SOCIAL, COOPERATIVE and PUBLIC HOUSING IS THE BEST RETURN ON INVESTMENT FOR EUROPE» I. The scope of the challenge Although growth
More informationPre-Budget Consultation Submission to the Ministry of Finance
Kitchener, January 31 st, 2014 The Honorable Charles Sousa Minister of Finance Government of Ontario c/o Budget Secretariat Submitted by email: submissions@ontario.ca Pre-Budget Consultation Submission
More informationEmployment and social protection in the new demographic context
Employment and social protection in the new demographic context The 11th ASEAN & Japan High Level Officials Meeting on Caring Societies December 2013 Keiko Kamioka Director, ILO Office for Japan ILO Report
More informationEquitable Ageing: Seizing the Longevity Dividend
Equitable Ageing: Seizing the Longevity Dividend Sebastian Riomalo (riomaloclavijo@unfpa.org) Economic Analyst on Population and Development UNFPA China, May 2015 Structure I. Context: China s population
More informationAn Exploratory Study of finding the Different Factors Affecting Social Integration and Personal Achievement of Korean Baby boomer Volunteers
An Exploratory Study of finding the Different Factors Affecting Social Integration and Personal Achievement of Korean Baby boomer Volunteers Meeryoung Kim, Ph.D Professor Department of Community Development
More informationEconomic, employment and social policies in the new EU 2020 strategy
EUROPEAN COMMISSION DG Employment, Social Affairs and Equal Opportunities Social protection and inclusion policies Walter WOLF Economic, employment and social policies in the new EU 2020 strategy Skopje,
More informationEuropean Inequalities: Social Inclusion and Income Distribution in the European Union
European Inequalities: Social Inclusion and Income Distribution in the European Union Terry Ward, Orsolya Lelkes, Holly Sutherland and István György Tóth, eds. Budapest: TÁRKI Social Research Institute
More informationToward an age-friendly EU by 2020
AGE Annual Thematic Conference Toward an age-friendly EU by 2020 17 May 2013, Hotel Husa President, Brussels BACKGROUND NOTE Introduction AGE Council of Administration decided to organise in 2013 an open
More informationReforming the Public Sector in Europe: Reconciling Equity and Efficiency
Reforming the Public Sector in Europe: Reconciling Equity and Efficiency Ruud A. de Mooij & Paul J.G. Tang CPB Netherlands Bureau for EconomicPolicyAnalysis The equity-efficiency trade-off equity A A B
More informationCanada Pension Plan: Journey from 1997 to 2016
Canada Pension Plan: Journey from 1997 to 2016 Presentation to the SOA Annual Meeting & Exhibit Session: Future of Social Security (US & Canada) Jean-Claude Ménard, Chief Actuary, OCA, OSFI October 18,
More informationMINIMUM INCOME MYTHS AND REALITIES.
EAPN CAMPAIGN FOR ADEQUATE MINIMUM INCOME. ADEQUATE MINIMUM INCOME. EVERYBODY DESERVES A DECENT LIFE. MINIMUM INCOME MYTHS AND REALITIES. December 2007 In the context of EAPN Minimum Income campaign, EAPN
More informationThe Changing Lifecourse and Australian Social Policy
The Changing Lifecourse and Australian Social Policy Simon Biggs Biggss@unimelb.edu.au Sbiggs@bsl.edu.au The Changing Lifecourse Not just demographic change, a task of cultural adaptation The Changing
More informationEconomic Standard of Living
DESIRED OUTCOMES New Zealand is a prosperous society, reflecting the value of both paid and unpaid work. All people have access to adequate incomes and decent, affordable housing that meets their needs.
More informationLongevity and Retirement: Thinking Outside the Box on Canada s Retirement Income System
Longevity and Retirement: Thinking Outside the Box on Canada s Retirement Income System what is an adequate retirement income is there a problem? options for expanding the C/QPP discussion: a package proposal
More informationAgeing Across Europe Report prepared by DEMOS for WRVS May 2012
Ageing Across Europe Report prepared by DEMOS for WRVS May 2012 Contents Acknowledgements 3 Executive summary 4 Introduction 10 Section 1 Country profiles 1 Demographics 13 2 Income and pension provision
More informationEuropean Economic and Social Committee OPINION. of the European Economic and Social Committee on. (exploratory opinion)
European Economic and Social Committee SOC/391 The future of the European Social Fund after 2013 Brussels, 15 March 2011 OPINION of the European Economic and Social Committee on The future of the European
More informationConsultation on the European Pillar of Social rights Contribution by LO Sweden
Page 1 of 14 Consultation on the European Pillar of Social rights Contribution by LO Sweden On the social situation and the EU social acquis 1. What do you see as the most pressing employment and social
More informationEmployment and Social Protection in the New Demographic Context
Employment and Social Protection in the New Demographic Context Open-ended ended working group on ageing New York, 19 April 2011 Mariangels Fortuny Employment Policy Department Krzysztof Hagemejer Social
More informationAddressing Public Policy. Domestic Policy
Addressing Public Policy Domestic Policy Defining Domestic Policy Policy is a specific course of action that government takes to address a problem Domestic Policy includes all government laws, planning
More informationSinn Féin: Leadership Across Ireland. General
Sinn Féin: Leadership Across Ireland General Leadership Across Ireland places significant emphasis on Sinn Féin s record of achievement in the Northern Ireland Executive and Assembly over the past four
More informationNational Report for Ireland on Strategies for Social Protection And Social Inclusion
National Report for Ireland on Strategies for Social Protection And Social Inclusion 2008-2010 Table of Contents Page 1. Common Overview...3 1.1 Assessment of Social Situation 3 1.2 Overall strategic approach...6
More information(Acts whose publication is obligatory) REGULATION (EC) No 1927/2006 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL. of 20 December 2006
30.12.2006 EN Official Journal of the European Union L 406/1 I (Acts whose publication is obligatory) REGULATION (EC) No 1927/2006 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 December 2006 on establishing
More informationDWP Reform. DWP s Welfare Reform agenda explained
DWP Reform DWP s Welfare Reform agenda explained December 2013 Contents Our objectives... 3 The scale of the challenge... 3 Change through understanding the causes of poverty... 3 Making it pay to work...
More informationNATIONAL ACTION PLAN FOR SOCIAL INCLUSION
NATIONAL ACTION PLAN FOR SOCIAL INCLUSION Submission to the Department of Employment Affairs and Social Protection MARCH, 2018 SVP SOCIAL JUSTICE AND POLICY TEAM Timeframe Q3. Do you think a 4 year timeframe,
More informationManifesto for the European Elections proposals for achieving equal rights and dignity for older persons
7 proposals for achieving equal rights and dignity for older persons why this MANIFESTo In 2017, nearly one fifth (19%) of the EU population was aged 65 and more. Moreover, the importance of the very old
More informationPORTUGAL 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM
PORTUGAL 1 MAIN CHARACTERISTICS OF THE PENSIONS SYSTEM The statutory regime of the Portuguese pension system consists of a general scheme that is mandatory for all employed and self-employed workers in
More informationRE: Ensure that the White Paper on pensions provides a roadmap for bridging the gender pension gap
Brussels, 02 January 2012 To: President of the European Commission José Manuel Barroso Dear President Barroso, RE: Ensure that the White Paper on pensions provides a roadmap for bridging the gender pension
More informationEconomic and Demographic Trends. SUNY Critical Issues in Higher Education November 8, 2012
Economic and Demographic Trends SUNY Critical Issues in Higher Education November 8, 2012 Introductions 2 Moderator: Ron Pressman, Executive Vice President & Chief Operating Officer, TIAA-CREF Panelists:
More informationAlgorithms to compute Pensions Indicators based on EU-SILC and adopted under the Open Method of Coordination (OMC)
EUROPEAN COMMISSION EUROSTAT Directorate F: Social statistics and information society Unit F-3: Living conditions and social protection statistics Doc LC-ILC/40/09/EN WORKING GROUP "STATISTICS ON LIVING
More informationPensions and Taxation in the EU
Pensions and Taxation in the EU Dr. Emer Mulligan Dr. Dinali Wijeratne Institute for Lifecourse & Society & Irish Centre for Social Gerontology, National University of Ireland, Galway Outline Introduction
More informationThe role of public pensions and reform options
The role of public pensions and reform options Nicholas Barr London School of Economics http://econ.lse.ac.uk/staff/nb Fiscal Policy for Long-term Growth and Sustainability in Aging Societies: Achieving
More informationThe Swedish NDC system - A critical assessment
The 2nd Colloquium of the Pension, Benefits and Social Security Section of the International Actuarial Association Helsinki, Finland from 21 to 23 May 2007 The Swedish NDC system - A critical assessment
More informationSummary of the Green Paper on Pensions
Summary of the Green Paper on Pensions Robert Wolfe Society of Actuaries in Ireland PRSA Forum 9 April 2008 Green Paper on Pensions Introduction Demography Coverage and Adequacy Options for Change Regulation
More informationProgramming Period. European Social Fund
2014 2020 Programming Period European Social Fund f Legislative package 2014-2020 European Regional Development Fund (EC) 1301/2013 Cohesion Fund (EC) 1300/2013 European Social Fund (EC) 1304/2013 European
More informationCapital Markets Union: Pan-European Personal Pension Product (PEPP)
European Commission - Fact Sheet Capital Markets Union: Pan-European Personal Pension Product (PEPP) Brussels, 4 April 2019 1. What is the Pan-European Personal Pension Product (PEPP) and what is this
More informationRisk Management What to protect and when? Presented by Paul S. Viren, CLU, ChFC, AEP
Risk Management What to protect and when? Presented by Paul S. Viren, CLU, ChFC, AEP In a modern society we have many risks we need to protect against. It seems that we could insure just about anything!
More informationadvancing with ESIF financial instruments Financial instruments working with personal loans
advancing with ESIF financial instruments Financial instruments working with personal loans DISCLAIMER This document has been produced with the financial assistance of the European Union. The views expressed
More information1 The Terrace, PO Box 3724, Wellington 6140 Tel: (04)
1 The Terrace, PO Box 3724, Wellington 6140 Tel: (04) 472-2733 Email: savingsworkinggroup@treasury.govt.nz Document: PAYGO vs SAYGO: Prefunding Government-provided Pensions Author: Andrew Coleman, Motu
More information2012 European Year for Active Ageing and Solidarity between Generations. Rachel Buchanan Policy Officer
1 2012 European Year for Active Ageing and Solidarity between Generations Rachel Buchanan Policy Officer Why a European Year for Active Ageing and Solidarity between Generations in 2012? 2 Marks 10th Anniversary
More informationCan the EU achieve adequate, sustainable and safe pensions for all in the coming decades? Received (in revised form): 5 th May 2011
Original Article Can the EU achieve adequate, sustainable and safe pensions for all in the coming decades? Received (in revised form): 5 th May 2011 Anne-Sophie Parent is Secretary General of the AGE Platform
More informationMyths and facts: the Austrian experience
Myths and facts: the Austrian experience How to make the job security and job quality compatible with flexibility needs? Alternative forms of employment are increasing: How can welfare systems support
More informationCommittee on Employment and Social Affairs. on employment and social policies of the euro area (2018/2034(INI))
European Parliament 2014-2019 Committee on Employment and Social Affairs 2018/2034(INI) 25.6.2018 DRAFT REPORT on employment and social policies of the euro area (2018/2034(INI)) Committee on Employment
More informationSubmission. Local decisions: a fairer future for social housing. Andy Tate / John Bryant. Neighbourhoods. Tel: or
Submission Local decisions: a fairer future for social Contact: Team: Andy Tate / John Bryant Neighbourhoods Tel: 020 7067 1081 or 020 7067 1082 Email: andy.tate@.org.uk john.bryant@.org.uk Date: January
More informationThe Impact of Globalisation on Systems of Social Security
The Impact of Globalisation on Systems of Social Security prepared for the 9 th NISPAcee Annual Conference: Government, Market and the Civic Sector: The Search for a Productive Partnership (Working group
More informationEnhancement of the Canada Pension Plan
Enhancement of the Canada Pension Plan Presentation to the Northwind s 14 th Annual Pension Fund Invitational Forum Pensions 2017: Redefining the Risk Reward Spectrum Jean-Claude Ménard, Chief Actuary,
More informationSocial Protection and Decent Work: Commitments for Prosperity
Social Protection and Decent Work: Commitments for Prosperity The General Secretariat of the Organization of American States (GS/OAS) and the International Labour Organization (ILO) Regional Office for
More informationAge friendly goods and services an opportunity for social and economic development (Warsaw, October 2012)
Age friendly goods and services an opportunity for social and economic development (Warsaw, 29-30 October 2012) Approach to active ageing for the next period 1 Marta Koucká Ministry of Labour and Social
More informationWhat funding for EU external action after 2013?
What funding for EU external action after 2013? Meta Informations Creation date 12-01-2011 Last update date User name null Case Number 023301706302201211 Invitation Ref. Status N Are you replying...? Identification
More informationSecuring sustainable and adequate social protection in the EU
Securing sustainable and adequate social protection in the EU Session on Social Protection & Security IFA 12th Global Conference on Ageing 11 June 2014, HICC Hyderabad India Dr Lieve Fransen European Commission
More informationSession II. Fair employment and working conditions. Session Scope. Main issues for discussion
Session II. Fair employment and working conditions. Session Scope Full-time, permanent work is still the prevalent employment relationship in Europe. However, new forms of work and technological innovations
More informationSolidar EU Training Academy. Valentina Caimi Policy and Advocacy Adviser. European Semester Social Investment Social innovation
Solidar EU Training Academy Valentina Caimi Policy and Advocacy Adviser European Semester Social Investment Social innovation Who we are The largest platform of European rights and value-based NGOs working
More informationOlder workers: How does ill health affect work and income?
Older workers: How does ill health affect work and income? By Xenia Scheil-Adlung Health Policy Coordinator, ILO Geneva* January 213 Contents 1. Background 2. Income and labour market participation of
More informationEconomic Preparation for Retirement and the Risk of Out-of-pocket Long-term Care Expenses
Economic Preparation for Retirement and the Risk of Out-of-pocket Long-term Care Expenses Michael D Hurd With Susann Rohwedder and Peter Hudomiet We gratefully acknowledge research support from the Social
More informationThe impact of an ageing world on our society and economy
Presentation to: Food Matters Live Independent Economics The impact of an ageing world on our society and economy Ben Combes 18 November 2014 www.llewellyn-consulting.com The fundamentals of ageing Populations
More information