Pension Schemes
Study
14-08-2014
Large variations exist in the approach to pensions in EU member states. This Policy Department A study aims at providing the EMPL Committee with information about the risks and replacement rates of the different pension schemes. Vulnerable groups are less likely to contribute to individual plans or 'third-pillar' schemes, which complicates a shift in replacement rates from Pillars 1 (aimed at avoiding old age poverty) and 2 (occupational schemes) to Pillar 3. Pillars 1 and 2 should ensure pension adequacy, leaving Pillar 3 as a tool for individuals to enhance their replacement rates.
Study
External author
Karel Lannoo, Mikkel Barslund, Ales Chmelar and Marten von Werder (CEPS)
About this document
Publication type
Policy area
Keyword
- demography and population
- economic analysis
- economic consequence
- economic geography
- economic policy
- ECONOMICS
- employment
- EMPLOYMENT AND WORKING CONDITIONS
- EU Member State
- GEOGRAPHY
- national accounts
- pension scheme
- population ageing
- retirement conditions
- savings
- social affairs
- social cost
- social policy
- social protection
- SOCIAL QUESTIONS
- structural adjustment