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To promote transparency and provide information, the Federal Planning Bureau regularly publishes the methods and results of its works. The publications are organised in different series, such as Outlooks, Working Papers and Planning Papers. Some reports can be consulted here, along with the Short Term Update newsletters that were published until 2015. You can search our publications by theme, publication type, author and year.
The Ageing Working Group was established in December 1999 by the Economic Policy Committee of the European Council ECOFIN. This working group is responsible for producing common budgetary projections on age-related public expenditure items. Each Member State calculates its long-term pension expenditure based on common assumptions.
This report presents the Belgian pension projection 2019-2070 published in the “2021 Ageing Report”. These results will be used in the context of the “Fiscal Sustainability Report” of the European Commission that assesses the mid-term and long-term fiscal situation of Member states.
It should be noted that the demographic and macroeconomic assumptions in the public pension expenditure projection of Belgium for the AWG are different from those retained in the national projection of the Study Committee on Ageing, as well as the scope of pension definition.
Reports - REP_COUNTRYFICH2020 (en),
In preparation of the 2018 Pension Adequacy Report by the European Commission and the Social Protection Committee, teams from Belgium, Sweden and Italy use their microsimulation models to simulate the possible developments of pension adequacy while taking into account the set of economic and demographic projections developed by the AWG. The results of this exercise complement the AWG simulations of pension expenditures in a context of demographic. The results described in detail in this report were summarised in section 5.1.2. of the 2018 Pension Adequacy Report.
Reports - REP_11732 (en),
The Ageing Working Group (AWG) was established in December 1999 by the Economic Policy Committee of the European Council ECOFIN. This working group is responsible for producing common budgetary projections on age-related public expenditure items. Each Member State calculates its longterm pension expenditure based on common assumptions discussed in the AWG.
The demographic and macroeconomic assumptions in the public pension expenditure projection of Belgium for the AWG are different from those retained in the national projection of the Study Committee on Ageing, as well as the scope of pension definition. This projection is carried out using the MALTESE model of the Federal Planning Bureau.
This report presents the new Belgian pension projection 2016-2070 that will be published in the “2018 Ageing Report” next year. In addition, these results will be used in the context of the “Fiscal Sustainability Report” of the European Commission that assesses the mid-term and long-term fiscal situation of Member states.
Other publications - REP_COUNTRYFICH2017 (en),
The 2015 Ageing Report includes pension projections made in autumn 2014. For Belgium these did not take into account the new pension reform announced in the Government Agreement of October 2014. By the end of July 2015, all the different components of the reform had been legislated. This Belgian updated projection of November 2015 takes into account this pension reform.
In comparison with the 2015 Ageing Report projection, the revision of the pension cost of ageing is mainly due to the pension reform. Other new measures are also included, mainly the present indexation freeze (implying a 2% decrease of pensions in real terms) and a reduction of public employment (implying some redistribution of future pensioners across the different pension schemes). These updated projections are based on an updated database (more recent version of national accounts data in ESA 2010). In addition, some refinements of the pension models were required in order to simulate the pension reform.
Other publications - REP_COUNTRYFICH2015 (en),
For the sixth time since 2001, the EPC Working Group on Ageing Population (AWG) has performed long-term economic and budgetary projections aimed at assessing the impact of ageing population. The last “Ageing Report” to date was published in 2012. The 2015 edition, which will be released in spring 2015, will present projections which have been endorsed in February 2015 by the EPC.
The projections of public pension expenditure are worked out at national level – by the Federal Planning Bureau in the case of Belgium – in the framework of the assumptions of the AWG, while the projections of the other age-related public expenditure items are worked out by DG ECFIN Services. These public pension expenditure projections are submitted to a peer review process, on the basis of a technical so-called national “country fiche”. These “country fiches” are released by the EC jointly with the “Ageing Report” itself, but the EC has kindly authorized FPB to use the “Belgium: Country Fiche 2014” for national purposes and to publish it before the release of the “Ageing Report 2015”.
Reports - REP_COUNTRYFICH2014 (en),
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