Proceedings from the ECFIN Workshop "The budgetary implications of structural reforms" - Brussels, 2 December 2005



Table 6: Evolution of selected budgetary during structural pension reforms in the EU, 1986-1999

Pension
reform

Change in
primary CAB
between t+2 and
t (% GDP)

Change in social
contributions
between t+2 and t
(% GDP)

Change in social
benefits between
t+2 and t (% GDP)

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

124



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