Table 6: Evolution of selected budgetary during structural pension reforms in the EU, 1986-1999
Pension |
Change in |
Change in social |
Change in social |
Germany 1992 |
1.7 |
1 |
1.4 |
Spain 1997 |
-0.1 |
0 |
-0.9 |
Italy 1992 |
1.1 |
-0.1 |
0.8 |
Italy 1995 |
3.1 |
0.5 |
0.6 |
Netherlands |
-1.4 |
-0.2 |
-1.8 |
1996 | |||
Portugal 1993 |
1.3 |
0.3 |
0.6 |
Finland 1997 |
0.8 |
-0.2 |
-1.7 |
Sweden 1998 |
-0.5 |
0.6 |
-1.2 |
UK 1987 |
0.4 |
-0.4 |
-1.8 |
Note: Including only structural reforms decreasing the generosity of the pension system as reported in the FRDB
database. Social benefit figures refer to the “social benefits other than in kind” category in the ESA95 government
accounts.
Source: authors’ computations on FRDB and AMECO databases
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