Pension Reforms After the Crisis: Bringing Adequacy Back in the Domestic and EU Policy Equation?

Slavina Spasova (), Christos Louvaris Fasois and Bart Vanhercke ()
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Slavina Spasova: European Social Observatory (OSE)
Christos Louvaris Fasois: European Association of Paritarian Institutions (AEIP)
Bart Vanhercke: European Social Observatory (OSE)

A chapter in The Future of Pension Plans in the EU Internal Market, 2019, pp 283-310 from Springer

Abstract: Abstract This chapter analyses the intense reforms which have taken place in the European Union after the Great Recession (2014–2019) by looking at how Member States addressed the adequacy side of pensions schemes. It also assesses the discourse at EU level regarding pensions for the period 2011–2019, demonstrating an incremental but visible evolution towards a more socially oriented EU approach. Principle 15 of the European Pillar of Social Rights stresses that all workers have the right to an adequate income. Both the Member States and the EU have begun to bring adequacy back in the policy equation, but the shadow of previous austerity policies still looms large over pension reforms.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-030-29497-7_16

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DOI: 10.1007/978-3-030-29497-7_16

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