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FIAP > Boletín – Otras Publicaciones > Pension adequacy report 2018 – Current and future income adequacy in old age in the EU – European Commission – April 2018

Pension adequacy report 2018 – Current and future income adequacy in old age in the EU – European Commission – April 2018

15 June, 2018

Volume I of this 2018 edition of the triennial report focuses on the comparative analysis of the adequacy of pensions in the 28 EU member states, examining the current standard of living of the elderly and how it is influenced by pension systems. It starts with an overview of recent pension reforms and concludes by analyzing the main challenges for the adequacy of future pensions and ways of addressing the problem. Volume II provides a more detailed description of the pension systems and the sufficiency of pensions in each one of the 28 Member States. Among the report’s conclusions is that the reforms carried out by most member states continue to affect the criteria used for calculating pensions: especially the retirement age (increasingly), the computation period considered for determining pension amounts and pension revaluation rules. Another one of the conclusions is that 18% of people aged 65 or more in the EU were at risk of poverty or exclusion in 2016, a figure that has not changed much since 2013, as well as the fact that life expectancy increases have continued to exceed the increase in the duration of working careers (the retirement timespan is expected to be 53% of the working life timespan by 2060).

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