Brussels, 14 March 2016:
The Actuarial Association of Europe publishes its discussion paper “The ageing of the EU –implications for pensions”.
The discussion paper reviews some of the key features of the population projections used in the 2015 Ageing Report, comments on some of the areas of uncertainty and potential controversy, and then considers what the projections tell us about future sustainability and adequacy of pension systems in the EU. The discussion paper aims to inform decision-makers and interested parties throughout the EU and particularly in Brussels.
The AAE suggests that the range of issues regarding the major risks to future pension adequacy and how to mitigate them merit special and increased attention in the next cycle of this analytical work.
The AAE also intends to carry out further research into the way in which different mortality tables are being used for projecting pension costs and also for driving policies of increasing retirement age.