Adequate and sustainable pensions. Synthesis report 2006

Summary:

This second Report on Adequate and Sustainable Pensions provides a synthesis of recent developments in the area of pension reform in the EU. It was prepared jointly by the European Commission's Directorate-General for Employment, Social Affairs and Equal Opportunities and the Directorate-General for Economic and Financial Affairs and analyses the second round of Member States' 2005 National Strategy Reports on pensions. The report's conclusions have been taken on by the 2006 Joint Social Inclusion Report.

This report shows that, since 2003, there has been substantial progress in reforming pension systems. Some Member States are still in the early stages of the reform process, but others have strengthened their reforms efforts and several have made comprehensive reforms.