Sessione 1 - The pension trilemma in the 21st century: ensuring financial-economic, socio-political & environmental sustainability
Elenco sessioni 2023
Visite: 544
Coordinatori di sessione: Matteo Jessoula (Università di Milano), Igor Guardiancich (Università di Padova), Igor Tkalec (University College London)
Key note speaker: Bruno Palier (Science-Po di Parigi)
Abstract:
After the “pension crisis” appeared on the radars in advanced economies, roughly four decades ago, for a long time both the pension debate and reforms were framed within the “permanent austerity” paradigm and most often aimed to ensure the economic-financial sustainability of the pension systems inherited from the Golden Age. This especially occurred in countries with single-pillar pension systems – centred on the public paygo pillar – whereas pension politics maintained an expansionary nature in most multi-pillar countries – especially through the development of funded supplementary pension schemes.
In the last two decades, however, the pension debate has been partly reoriented, also in single-pillar countries, to address the challenge of building pension systems that are not only sustainable in economic-financial terms but also socially and politically. Both claims and reforms have thus been also geared towards new objectives, primarily adequacy and equity. This implied considering the distributional implications of adopted (or planned) reforms as well as engaging with the three key dimensions of pension adequacy: income maintenance, poverty prevention and retirement duration.
Lastly, and more recently, concerns about pension sustainability have started to include a third key dimension, i.e. environmental sustainability, in light of the “imperatives” imposed by the so-called green transition.
Accepted paper:
- The Early Retirement Practice in Türkiye in year of 2023: Old-age benefit for young generation An examination in terms of income distribution and child poverty di Oguz Karadeniz (Pamukkale University)
- Social Welfare and Pensions after the Implementation of Structural Economic Adjustment Reforms in Cyprus, Greece, Portugal and Ireland di Costas Christodoulides (Alexander Research Centre and European University Cyprus), Panayiotis Elia (Alexander Research Centre)
- Millennials and Early Retirement: An Exploratory Study di Igor Tkalec (University College London)
- Pensioni e Transizione Verde: Previsioni, Impatti e Strategie di Riforma di David Natali (Scuola Superiore Sant'Anna Pisa), Michele Raitano (La Sapienza Università di Roma), Giulia Valenti (Università Ca Foscari)
