abstract:The Pensions Commission was a non-departmental public body in the United Kingdom, reporting to the Secretary of State for Work and Pensions, set up to keep under review the regime for UK private pensions and long-term savings.
The EuropeanCommissionexpectsthe country’s pensionsspending as a proportionofGDPto fall by 0.4% between 2009 and 2060, whereas expenditure in the euro area as a wholewillrise by 2.7% of GDP.