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01/07/2002

Pension reforms: key issues illustrated with an actuarial model

European Economy. Economic Papers - n. 174/July 2002


The paper examines pension reforms under ageing. With stylised facts, ageing is traced to low fertility and increasing longevity. Given these persistent factors, pension systems must be reformed to avoid an unfair burden being left for future generations

author(s): European Commission - DG for Economics and Financial Affairs H.Oksanen
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