Menu Close

Pensions Policy at the European Level

The Impact of Labour Markets on Economic Dependency Ratios and on Pension Adequacy and Sustainability (EN – FR – DE – IT)

“The best way of securing adequate and sustainable pensions is to improve labour market integration of people of working age, in quality jobs“. Pension systems across Europe already underwent comprehensive cost-cutting reforms, that haven’t significantly proposed solutions for public budgets, nor have improved pension adequacy for retirees. The study proposes to enact a strategy of ‘upwards convergence‘, focusing on inclusive labour markets, providing evidence that achieving a level of employment integration that already exists in the best performing EU Member States in EU 27 would reduce the expected future increase of the ‘economic dependency ratio‘ over the period 2019 to 2070 to less than one third.