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Pensions in the European Union: Adapting to Economic and Social Change

Adapting to Economic and Social Change

  • Book
  • © 2000

Overview

Editors:
  1. Gerard Hughes

    1. The Economic and Social Research Institute, Dublin, Ireland

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  2. Jim Stewart

    1. Trinity College, Dublin, Ireland

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-xi
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  2. Introduction

    1. Introduction

      • Emmanuel Reynaud
      Pages 1-12

  3. Population Ageing, Competitiveness and Retirement

    1. Front Matter

      Pages 13-13
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    2. Demography, the Labour Market and Competitiveness

      • Pierre Concialdi
      Pages 15-33

    3. Retirement Age: Public Policy and Employer Policies in Europe and the United States

      • Lucy apRoberts
      Pages 35-41

  6. Pensions and Social Partnership

    1. Front Matter

      Pages 161-161
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    2. The Decision-Making Process in the German Pension System

      • Heinz-Dietrich Steinmeyer
      Pages 163-171

    3. Supplementary Pension Plans and Collectively Agreed Schemes

      • Jacques-André Schneider
      Pages 173-177

    4. The Impact of Industrial Relations on the Structure of Supplementary Pensions in Scandinavia

      • Einar Overbye
      Pages 179-192

  7. Conclusions

    1. Front Matter

      Pages 193-193
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Keywords

About this book

The ageing, financial and labour market challenges facing the old age pension systems of the member states of the European Union are well known. Those who cast doubt on the ability of the present system of pension provision - at least to the extent that it is pay-as-you-go financed - to cope with the problems posed by these challenges are getting more vociferous. Increasingly there are calls for pay-as-you-go systems to be cut back and for funded systems to be expanded.
This book contests the view that funding is the answer. It shows how adaptable the largely pay-as-you-go old age pension systems in the European Union are. Actuaries, economists, lawyers, political scientists, pension advisers, and sociologists, from nine European countries and the United States, consider four main themes: population ageing, competitiveness and retirement; pension financing and economic growth; adapting pension systems to meet change; and decision-making processes. They argue that pay-as-you-go-financed old age pension systems in the European Union have the ability to successfully adapt to economic and social change provided they do not take on too many non-insurance-related risks. Solving the problems of the labour market and controlling the direction and extent of economic development are beyond the powers of old age pension systems, regardless of how they are structured or financed.
Separate budgets for separate risks is an indispensable principle if the complex processes of social protection are to be successfully managed, monitored, and made transparent. There can be no single plan for the future development of old age pension systems which would be universally valid for all the countries of the European Union. A single solution cannot take into account the special circumstances obtaining in every nation, and since respect for the special features of national systems is the basis of popular acceptance, the way forward is to reform existing systems in existing contexts.

Editors and Affiliations

  • The Economic and Social Research Institute, Dublin, Ireland

    Gerard Hughes

  • Trinity College, Dublin, Ireland

    Jim Stewart

Bibliographic Information

  • Book Title: Pensions in the European Union: Adapting to Economic and Social Change

  • Book Subtitle: Adapting to Economic and Social Change

  • Editors: Gerard Hughes, Jim Stewart

  • DOI: https://doi.org/10.1007/978-1-4615-4527-9

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Kluwer Academic Publishers 2000

  • Hardcover ISBN: 978-0-7923-7838-9Published: 30 June 2000

  • Softcover ISBN: 978-1-4613-7042-0Published: 22 December 2012

  • eBook ISBN: 978-1-4615-4527-9Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XI, 216

  • Topics: Sociology, general, Economics, general, Personal Finance/Wealth Management/Pension Planning, Public Economics, Labor Economics

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