Practical Issues of the Pension System Reforms in the European Union Countries

Abstract

Aim of the article is to analyse the causes and practical reforms of the pension system in the European Union
countries. Another task is to clarify the requirements of the European Union‘s institutions for the member – states
pension system reforms and to sum up the pension system reforms of the European Union member – states.
This theme is actual not only in the light of the execution of the reforms of the Lithuanian pension system, but
also because Lithuania is in the middle of co – ordination processes of the European Union.
The practical results, presented consequences and conclusions can be used planning future reforms of the
Lithuanian pension system. Also it may be used as methodical literature studying the actual processes in the field
of the pension system reforms of the European Union.