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Public and private pensions: lessons from the crisis

"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...

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Bibliographic Details
Main Author: Streissler, Agnes
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2009
ETUI
Subjects:
private pension scheme
old age benefit
pension scheme
economic recession
financial market
EU countries
Online Access:https://www.labourline.org/KENTIKA-19396612124911148949-Public-and-private-pensions-le.htm
Description
Summary:"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."
Physical Description:6 p.
Digital

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