Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency

This article presents a transparent and replicable framework to assess the net worth of public pension systems within the broader context of fiscal sustainability and public sector balance sheets. Using Spain as a case study, it transforms Eurostat’s Table 29 data into an actuarial balance sheet and...

Descripción completa

Detalles Bibliográficos
Autores: Castañer, Anna, Garvey, Anne Marie, Pérez-Salamero González, Juan Manuel, Vidal-Meliá, Carlos
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2025
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/223985
Acceso en línea:https://hdl.handle.net/2445/223985
http://hdl.handle.net/2445/223985
Access Level:acceso abierto
Palabra clave:Pensions de jubilació
Dèficit públic
Transparència fiscal
Old age pensions
Budget deficits
Fiscal transparency)
id ES_8f1c1cbdfdeae1bd52be1e0b4bb998e1
oai_identifier_str oai:recercat.cat:2445/223985
network_acronym_str ES
network_name_str España
repository_id_str
spelling Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension SolvencyCastañer, AnnaGarvey, Anne MariePérez-Salamero González, Juan ManuelVidal-Meliá, CarlosPensions de jubilacióDèficit públicTransparència fiscalOld age pensionsBudget deficitsFiscal transparency)This article presents a transparent and replicable framework to assess the net worth of public pension systems within the broader context of fiscal sustainability and public sector balance sheets. Using Spain as a case study, it transforms Eurostat’s Table 29 data into an actuarial balance sheet and income statement, applying the Swedish open group (SOG) approach. The analysis shows that Spain’s pension system faces a significant funding shortfall, with assets covering only 72% of its liabilities. The proposed method enhances fiscal transparency and provides policymakers with a practical tool to evaluate and improve long-term pension sustainability across different institutional contexts.MDPI2025202520252025info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersion34 p.application/pdfapplication/pdfhttps://hdl.handle.net/2445/223985http://hdl.handle.net/2445/223985Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)reponame:Recercat. Dipósit de la Recerca de Catalunyainstname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)InglésReproducció del document publicat a: https://doi.org/10.3390/jrfm18090528Journal of Risk and Financial Management, 2025, vol. 18, num.9https://doi.org/10.3390/jrfm18090528cc-by (c) Castañer, Anna et al., 2025http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:recercat.cat:2445/2239852026-05-29T05:05:01Z
dc.title.none.fl_str_mv Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
title Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
spellingShingle Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
Castañer, Anna
Pensions de jubilació
Dèficit públic
Transparència fiscal
Old age pensions
Budget deficits
Fiscal transparency)
title_short Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
title_full Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
title_fullStr Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
title_full_unstemmed Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
title_sort Transforming Eurostat’s Table 29 into an Actuarial Balance Sheet: A Net Worth Approach to Assessing Public Pension Solvency
dc.creator.none.fl_str_mv Castañer, Anna
Garvey, Anne Marie
Pérez-Salamero González, Juan Manuel
Vidal-Meliá, Carlos
author Castañer, Anna
author_facet Castañer, Anna
Garvey, Anne Marie
Pérez-Salamero González, Juan Manuel
Vidal-Meliá, Carlos
author_role author
author2 Garvey, Anne Marie
Pérez-Salamero González, Juan Manuel
Vidal-Meliá, Carlos
author2_role author
author
author
dc.subject.none.fl_str_mv Pensions de jubilació
Dèficit públic
Transparència fiscal
Old age pensions
Budget deficits
Fiscal transparency)
topic Pensions de jubilació
Dèficit públic
Transparència fiscal
Old age pensions
Budget deficits
Fiscal transparency)
description This article presents a transparent and replicable framework to assess the net worth of public pension systems within the broader context of fiscal sustainability and public sector balance sheets. Using Spain as a case study, it transforms Eurostat’s Table 29 data into an actuarial balance sheet and income statement, applying the Swedish open group (SOG) approach. The analysis shows that Spain’s pension system faces a significant funding shortfall, with assets covering only 72% of its liabilities. The proposed method enhances fiscal transparency and provides policymakers with a practical tool to evaluate and improve long-term pension sustainability across different institutional contexts.
publishDate 2025
dc.date.none.fl_str_mv 2025
2025
2025
2025
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/223985
http://hdl.handle.net/2445/223985
url https://hdl.handle.net/2445/223985
http://hdl.handle.net/2445/223985
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Reproducció del document publicat a: https://doi.org/10.3390/jrfm18090528
Journal of Risk and Financial Management, 2025, vol. 18, num.9
https://doi.org/10.3390/jrfm18090528
dc.rights.none.fl_str_mv cc-by (c) Castañer, Anna et al., 2025
http://creativecommons.org/licenses/by/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv cc-by (c) Castañer, Anna et al., 2025
http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv 34 p.
application/pdf
application/pdf
dc.publisher.none.fl_str_mv MDPI
publisher.none.fl_str_mv MDPI
dc.source.none.fl_str_mv Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)
reponame:Recercat. Dipósit de la Recerca de Catalunya
instname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
instname_str Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
reponame_str Recercat. Dipósit de la Recerca de Catalunya
collection Recercat. Dipósit de la Recerca de Catalunya
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869413184612335616
score 15,812429

Similares en LA Referencia