EUROPEAN PAPERS ON THE NEW WELFARE

The European Social Pension: A Theoretical Exercise

Abstract

The innovative work of Atkinson et al. (2002) put forward the idea of establishing a European Minimum Pension, which required that all current pensioners with incomes below this minimum standard would be brought up to the limit by a supplementary pension, financed by the corresponding Member State. In this article it is suggested that the supplementary pension be named European Social Pension and be provided by the EU, with a corresponding increase in the EU Fiscal Budget.
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