age, reducing the replacement rate, or introducing a sustainability factor linking pension to life expectancy. The aim of …

Concern about the long-term sustainability of European public pension systems has been a permanent feature for decades … European countries to introduce far-reaching reforms in their pension systems with the aim of ensuring their sustainability … to ensure the sustainability of their pensions. The wide range of measures taken include delaying the retirement age and …

objective to improve their financial sustainability both in the medium and long term. Many of the measures carried out within … decrease in the replacement rate, a lower indexation. Therefore, reconciling the objectives of sustainability and adequacy is a …