Gulbenkian - policy analysis project - evaluating intergenerational fairness in the portuguese pension system: bloco de esquerda case - assessment and scenarios stages

Abstract

The sustainability of Social Security has been widely discussed in academia. Building on the conclusions from that discussion, this paper adds the topic of intergenerational fairness, indivisible from financial sustainability and evaluates the intergenerational fairness of two pension system proposals made by Iniciativa Liberal and Bloco de Esquerda using the Framework for Intergenerational Fairness, developed by the Calouste Gulbenkian Foundation in Partnership with the School of International Futures, focusing on the assessment and scenarios stages. It concludes that both proposals, despite being substantially different, are probably intergenerationally fair and provides remarks on each policy and recommendations for the framework.