Beetsma, Roel M. W. J.; Oksanen, Heikki - 2021
European Union. Clearly, population ageing has forced countries to reform their pension systems, and will continue to do so …, both by reducing the generosity of pension arrangements and by switching to funding rather than relying on pure pay …-as-you go pension provision. We study how such reforms affect the room for adhering to the Pact, but also how the Pact may …