Pension systems in OECD countries face challenges arising from increases in life
expectancy and from downward pressures on public expenditure. Changes to
public and private pension systems have effects that are both complex and longlived.
Careful analysis is needed to tease out the implications of different reform
options. Recognising this, the EU Directorate-General for Employment, Social
Affairs and Inclusion set up a call for research which specifically included models
for the analysis of pensions. The first two papers in this volume flow directly
from that work, while the third tackles a complementary topic in the pension
area
