Across the EU, the number of older people is increasing – particularly fast, when it comes to people over 80 – and the number of young and working-age people is decreasing. Many regard this as a problem, particularly if they see older people as a burden.
Europe is ageing. More than 130 million people in the European Union, or about a quarter of the total population, receive a pension. By and large, the national pension systems make sure that older citizens receive a stable income after the end of their working life and are not threatened by poverty. In fact, the risk of being poor in the EU is lower among the elderly above age 65 as compared to the population below age 65.
Europe’s pension systems can be expected to deliver adequate pensions also to future generations of retirees provided Member States pursue strong policies to enable as many workers as possible to stay in jobs until they reach the statutory pension age, a new report on pension adequacy shows.
The ongoing wave of pension reforms implemented by EU Member States will help them to achieve more sustainable pension systems and face demographic changes ahead, the European Commission stressed on the occasion of the publication today of the World Bank report "The Inverting Pyramid".
The European Commission has published a White Paper on adequate, safe and sustainable pensions.
The European Commission has requested Germany to pay pension beneficiaries the full amount of pensions granted under a bilateral agreement when a citizen moves to another EU country.
The European Commission has requested Belgium to end complex procedures for paying pensions to beneficiaries residing in another EU country.
Following the Employment and Social Affairs Ministers' meeting in Brussels, EU Commissioner for Employment, Social Affairs and inclusion, László Andor presented the first summary of results of the EU-wide Green Paper consultation on how the EU can help to ensure adequate, sustainable and safe pensions for its citizens.
The Council of EU Employment, Social Policy, Health and Consumer Affairs Ministers will meet on 7 March in Brussels.
The report analyses pension systems in the EU, assesses the pension reforms in the light of aggravated challenges and develops an updated agenda for delivering adequate and sustainable pensions.