Measuring public pension liabilities in the European Union

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Knygos / Books
Language:
Anglų kalba / English
Title:
Measuring public pension liabilities in the European Union
Publication Data:
Frankfurt am Main : Peter Lang, 2011.
Pages:
XXIV, 300 p
Series:
Sozialökonomische Schriften; Bd. 42
Contents:
List of tables — List of figures — List of abbreviations — 1. Introduction — 2. Methodology and data basis: 2.1. Concepts for measuring implicit pension debt; 2.2 Assessing pension liabilities: The methodology of generational Accounting; 2.3 Data and general assumptions; 2.4 Limitations and possible extensions of the Frei burg model; 2.5 The rationale of the supplementarytable — 3. Accrued-to-date liabilities of 19 EU countries: 3.1. AT - Austria; 3.2. BG - Bulgaria; 3.3. CZ - Czech Republic; 3.4. DE - Germany; 3.5. ES - Spain; 3.6. FI - Finland; 3.7. FR - France; 3.8. GR - Greece; 3.9. HU - Hungary; 3.10. IT - Italy; 3.11. LT - Lithuania; 3.12. LV - Latvia; 3.13. MT - Malta; 3.14. NL - Netherlands; 3.15. PL - Poland; 3.16. PT - Portugal; 3.17. SE - Sweden; 3.18. SK - Slovakia; 3. 19. UK - United Kingdom; 3.20. Cross-country comparison — 4. Open-system net liabilities of four selected countries: 4.1. DE - Germany; 4.2. LT - Lithuania; 4.3. NL - Netherlands; 4.4. SE - Sweden; 4.5. Cross-country comparison of open-system net liabilities; 4.6. Cross-country comparison of accrued-to-date and open-system net liabilities — 5. Conclusion and outlook — References — Appendix — Data sources — Supplementary tables 2007 — Profiles — Sensitivity analyses.
Summary / Abstract:

ENDue to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions.

DOI:
10.3726/b13542
ISBN:
9783631602737; 9783631749760
Permalink:
https://www.lituanistika.lt/content/59167
Updated:
2026-09-28 21:55:58
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