The Danes, the Dutch, the Swedes and the feasibility of walking away from pay-as-you-go pensions

Zsolt Darvas, Jacob Funk Kirkegaard, Alexandre Mendonça and Bo Sangers

Bruegel Working Papers from Bruegel

Abstract: Prefunded pensions in Denmark, the Netherlands and Sweden pair income security with fiscal sustainability, but other EU countries need a faster route

Date: 2026-10
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