This article examines recent pension reforms in OECD countries. All countries are facing the challenge of designing both financially and socially sustainable pension policies in a context of weak economic growth, low financial returns and ageing populations. In some cases, countries have been...

Das Gesetz über Leistungsverbesserungen in der Gesetzlichen Rentenversicherung ist am 1.7.2014 in Kraft getreten. Zu einer Reduktion der Altersarmut - wie die Aussagen im Bundestagswahlkampf 2013 vermuten ließen - trägt zumindest die abschlagsfreie Rente mit 63 nicht bei. Die Autoren aus dem...

Das Gesetz über Leistungsverbesserungen in der Gesetzlichen Rentenversicherung ist am 1.7.2014 in Kraft getreten. Zu einer Reduktion der Altersarmut - wie die Aussagen im Bundestagswahlkampf 2013 vermuten ließen - trägt zumindest die abschlagsfreie Rente mit 63 nicht bei. Die Autoren aus dem...

Demographic developments are unfavourable for the financing of pension schemes in most OECD countries, implying continued growth in pension expenditure in virtually all OECD countries. This chapter examines the vulnerability of pension systems, with an emphasis on financial sustainability and...

The majority of economies in the European Union are experiencing problems with the sustainability of pension systems that are primarily caused by unfavorable demographic trends and inadequate structure of the pension systems. This research concentrates on the New Member States of the European...

The aim of this chapter is to review the main instruments and indicators used to measure the sustainability of PAYG pension systems. It will distinguish between defined contribution and defined benefit systems, due to the various implications that each of them has. It will also be necessary to...