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The FPB’s studies cover 11 main themes: Energy, Environmental economic accounts and analyses, International economy, Labour market, Macroeconomic forecasts and analyses, Public finances, Sectoral accounts and analyses, Social protection, demography and prospective studies, Structural studies, Sustainable development, Transport.
The Gender Pension Gap (GPG) and the Gender Pension Coverage Gap (GPCG) are indicators of inequality between genders concerning pensions. This report discusses the extent and evolution of the GPG and GPCG in the EU countries. Also, these measures are evaluated as to their quality as indicators of gender inequality in old age, and proposals for possible improvements are made.
The Gender Pension Gap (GPG) shows much variation between the EU Member States. This report analyses the links between the GPG, aspects of pension systems and gender inequalities on the labour market in past decades.
This report shows that minimum regulations (minimum pensions and the minimumright per career year) and pension credits diminish pension inequality between men and women. If we assume that there are no minimum regulations, the pension gap would be 37% instead of 31%. If we assume that pension credits are not granted, the gap would be 43% instead of 31%. The pension credit part-time work with maintenance of pension rights, one specific type of pension credit, has a limited impact. Without this pension credit, the pension gap would increase with 0.4 percentage points.
The supplementary table 29 of the Eurostat transmission program covers the statutory and occupational pension schemes in social insurance in Belgium. The FPB is charged with the compilation of columns G and H, which include accrued-to-date pension entitlements/liabilities in the statutory pension schemes, representing the present discounted value of accrued-to-date future old-age and survivor pensions of current beneficiaries and future beneficiaries who accumulated pension rights up to the valuation date.
The Federal Planning Bureau regularly draws up short-, medium- and long-term projections of social expenditure, in particular in the field of pensions and healthcare, within the overall framework of public finances (see “Financial evolution of social protection”). It also studies the redistributive effects of pension and social assistance schemes for the elderly (see “Income distribution and poverty”). These projections are based in particular on the population projections that are also drawn up by the FPB (see “Demography”).
Since 2002, the financial and social impact of ageing has been presented in the annual report of the Study Committee on Ageing (see “Study Committee on Ageing”). At the European level, the FPB takes an active part in the Working Group on Ageing Populations and Sustainability (AWG) (see “Ageing Working Group”) set up by the Economic Policy Committee of the European Council (ecofin). Every three years, starting in 2003, this working group draws up a report on the long-term projections of social expenditure for all EU Member States.
The know-how of the Federal Planning Bureau also covers the study of the financial and social impact of social and economic policy measures or proposals for measures. In this capacity, it is part of the Knowledge Centre on Pensions (see “Knowledge Centre on Pensions”), set up in 2015 in order to provide technical assistance to the Academic Council, the National Pension Committee and the ministers in charge of pensions.
Federal Planning Bureau
