摘要:Pension systems around the world are in more or less serious problems. The reasons are manifold,and are primarily caused by demographic changes (increased longevity and decreased natural growth) but are also systemic (the high outlays on pension expenditures that have a relatively small - or at least an insufficient - impact on the well-being of the older population). The new publication The Future of Pension Plans in the EU Internal Market - Coping with Trade-Offs Between Social Rights and Capital Markets1 published by Springer provides new light on the situation and possible solutions for the phenomenon.