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Pensions in the European Union: Adapting to Economic and Social Changes
Author(s) -
Reynaud Emmanuel
Publication year - 1998
Publication title -
international social security review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.349
H-Index - 28
eISSN - 1468-246X
pISSN - 0020-871X
DOI - 10.1111/1468-246x.00002
Subject(s) - pension , european union , context (archaeology) , diversity (politics) , process (computing) , adaptation (eye) , social security , economic justice , economics , economic system , political science , economic policy , market economy , finance , law , physics , optics , computer science , operating system , paleontology , biology
Throughout the European Union, pension schemes are undergoing a process of adaptation to a completely different context. Some of the main stumbling blocks to this process are the great number of issues involved and the diversity of questions that these raise: demographic changes, the labour market, economic growth, social justice, the ways of regulating the established provisions and decision‐making in their regard. These dimensions do not offer ready‐made answers, from the standpoint of pension financing. Apart from the complexity of the situation, however, a fundamental component of European societies is definitely at stake here: the ability to guarantee a decent level of security to all citizens when they reach retirement age.