The event "Long-Term Care and Pension Adequacy in an Ageing Society", organised by DG EMPL, is taking place virtually on July 12th and on July 13th at 9:15 CEST.
Participation is reserved to organisations and experts that have received an invitation from DG EMPL.
Pension adequacy and access to affordable long term care of good quality are core principles of the European Pillar of Social Rights and they contribute to the key objectives of a social Europe, as also called under the recent Action Plan implementing the Pillar.
On 14 June 2021, the Council of the EU endorsed the key conclusions of the 2021 reports on long-term care and on pension adequacy, that illustrate the situation of older people in the EU. The two reports, prepared jointly by the Social Protection Committee (SPC) and the European Commission analyse the situation of older people in the EU, looking into whether Europeans can maintain decent living standards in retirement, how many older people need support in their daily activities and whether they can access and afford the help they need.
The event aims to provide a forum for a joint reflection on the key findings of the two reports and their implications for social policies and reforms at both European and national level, in the context of fair recovery and digital and green transitions. The conference brings policy makers, social partners, civil society organisations, experts and key stakeholders and international organisations providing thus a good opportunity to discuss together the overarching implications and avenues for joint action in addressing challenges identified in the reports.
The 2021 Long-Term Care Report provides a horizontal analysis of LTC systems in 5 dimensions: access and affordability, quality, workforce and informal carers, financing and sustainability. It also provides an overview of recent reforms in Member States and preliminary findings as to the impact of COVID-19 for LTC systems.
The 2021 Pension Adequacy Report analyses current and future adequacy of pensions in Member States in three dimensions: poverty prevention, income maintenance and retirement duration. In addition to the overview of current adequacy, recent reforms and future projections carried out in each edition of the report, the 2021 edition focuses on how risks and resources in old age are shared between different income groups and between men and women, analysing the impact of taxation and solidarity mechanisms.
The two reports are also in step with the 2021 Ageing Report of the Economic Policy Committee and the Commission (ECFIN), which focuses on the fiscal sustainability of age-related expenditure. The three reports use the same population, economic and employment projections.