Public and private pensions: lessons from the crisis
European Trade Union Institute for Research, Education and Health and Safety, Brussels
ETUI - Brussels
2009
6 p.
private pension scheme ; old age benefit ; pension scheme ; economic recession ; financial market
ETUI Policy Brief. European Economic and Employment Policy
6/2009
Social protection - Old age benefits
English
Bibliogr.
2031-8782
"This Policy Brief considers the lessons to be drawn from the crisis for both public and private pensions in Europe. The author, Agnes Streissler, points out that both pay-as-you-go and funded systems are dependent on economic growth and are under pressure because of demographic changes. At the same time, private systems are considerably more risky in terms of the entitlements of successive cohorts leaving the labour market."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.