European University Institute Library

The new pension mix in Europe, David Natali (ed.)

eng

Includes bibliographical references and index

index present

non fiction

The new pension mix in Europe

electronic resource

bibliographydictionaries

988087389

David Natali (ed.)

Work and society, 43Peter Lang eBooks

This book – based on a research project carried out by the Observatoire Social Européen asbl, with the financial support of the European Trade Union Institute (ETUI) – looks at the most recent developments in pension policy and politics in Europe and advances our understanding of the field in three respects: firstly, it contributes to improve our knowledge of the most recent reform wave passed in the wake of the recent economic and financial crisis; secondly, it assesses the long-term financial and social sustainability of pensions; thirdly, it analyses the politics of pensions and the way policymakers and stakeholders interact in order to address the major challenges to pensions. The evidence proposed by six country chapters (about Italy, France, Finland, Poland, the Netherlands and UK) and three more transversal chapters (about the role of the EU, that of trade unions in pension reforms, and the main challenges to pension systems in Europe) proves that pension systems have been altered in the wake of the recent crisis. The more evident changes have consisted of: the halt – at least in some countries – of the spread of private pension funds; the improvement in the financial viability of the systems paralleled by more evident risks for the future adequacy of pension benefits; and the alteration of pension politics with the risk of the progressive marginalisation of the trade union movement. In many countries, reforms have been passed without any major social concertation, while the European Union (EU) has had a more evident influence, especially in the countries hit most by the crisis. As a consequence of these trends, we see the emergence of a "new" pension mix in Europe, with new institutional settings, and new challenges.--, Provided by Publisher

Introduction -- Italian pensions from "vices" to challenges : assessing actuarial multi-pillarization twenty years on / Matteo JESSOULA and Michele RAITANO -- France : squaring the circle of unification in a fragmented pension system / Marek NACZYK -- Reforming pensions in Finland : multi-pillar stability in the context of changes within the first pillar / Mikko KAUTTO -- Instability despite consensus : the reversam of private pensions in Poland / Igor GUARDIANCICH -- The netherlands : the challenges posed by the unintended universal financialization of retirement provision / Johan DE DEKEN -- Britain's pension reforms : a new departure? / Nel Whiteside -- The role of trade unions in pension policymaking and private pension governance in Europe / Bernhard EBBINGHAUS -- The changing eu "pension programme" : policy tools and ideas in the shadow of the crisis / Igor GUARDIANCICH and David NATALI -- Conclusion : the new pension mix in Europe : inequality and two further risks / David NATALI -- References