Coelho, Miguel - In: The future of pension plans in the EU internal market : …, (pp. 11-35). 2019
Old-age pension systems can be classified according to three aspects: funded versus unfunded systems (pay-as-you-go), actuarial versus non-actuarial systems, and defined benefit (DB) versus defined contribution (DC) systems.Several European countries have (or had) public old-age pension schemes...