Governments warned over pension reform plans

GOVERNMENTS have been warned they are reforming pension schemes on the basis of unreliable projections and the result will be devastating for the elderly in the future.

A conference attended by representatives of EU states discussed the changes that need to be made to pension policies to ensure countries can continue to afford them as their populations age.

But Anne-Sophie Parent, director of AGE, a European network of organisations representing older people, said policymakers needed better tools to assess the impact of planned reforms on different population groups.