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This report, jointly prepared by the European Commission and the Social Protection Committee (SPC), focuses on the adequacy dimension of pensions. It has been developed as a complement to the Ageing Report by the Economic Policy Committee (EPC) and considers pension policy objectives in the context of accelerating population ageing and the current economic crisis. Specifically, it looks at how to reconcile and optimize sustainability and adequacy concerns amongst Member States. This publication is available in electronic format in English only.