(back to Global Economic Crisis)

The current financial crisis raises substantial issues about public and private pension schemes. Indeed, each type of plan has suffered different losses during the crisis, but there are general failures in all cases that call for a redefinition of the current pension system.

The financial debacle highlights the shortcomings of both defined benefit and defined contribution plans. Institutions and governments should take short and medium term measures to ensure the sustainability of pension schemes. This page is meant to better understand the impact of the crisis on pensions thereby motivating a constructive debate.

• Tentative typology of pension programmes
• Description of defined benefit schemes (funded and unfunded) and impact of the crisis
• Description of defined contribution schemes and impact of the crisis
• Impact in OECD countries VS developing countries