ID - 30350645 TI - Measuring Public Pension Liabilities in the European Union AU - Weddige, Olaf AU - Rürup, Bert PY - 2018 VL - 42 SN - 01721747 SN - 9783631602737 3631602731 3631749767 PB - Frankfurt a.M. PH02 DB - UniCat KW - EEC / European Union - EU -Europese Unie - Union Européenne - UE KW - 368.43 KW - 336.024 KW - 339.311.1 KW - 311.94 KW - Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. KW - Sociale begroting, rekeningen en uitgaven. Gezondheid. KW - Spaarneiging. KW - Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking. KW - Pensions KW - Pension trusts KW - Employee pension trusts KW - Pension funds KW - Pension plans KW - Compensation KW - Retirement pensions KW - Superannuation KW - Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking KW - Sociale begroting, rekeningen en uitgaven. Gezondheid KW - Spaarneiging KW - Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen KW - Trusts and trustees KW - Retirement income KW - Annuities KW - Social security individual investment accounts KW - Vested benefits KW - Political economy KW - Welfare economics KW - Economic systems & structures KW - Finance & accounting KW - cross country comparison KW - demographic development KW - European KW - generational accounting KW - Liabilities KW - Measuring KW - Pension KW - Public KW - Public pension systems KW - Union KW - Weddige UR - https://www.unicat.be/uniCat?func=search&query=sysid:30350645 AB - Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions. ER -