Annual Report 2021 of the Ageing Study Committee

Rapport annuel 2021 du Comité d'étude sur le vieillissement

The primary goal of the Annual Report 2021 of the Ageing Study Committee is to analyze and address the budgetary and social consequences of an ageing population in Belgium. It aims to ensure the sustainability of social expenditures and pensions while maintaining social equity among older persons. The main institution involved is the Comité d'Étude sur le Vieillissement (CEV), which operates under the High Council of Finance of Belgium. Key stakeholders include the Belgian government, social security institutions, and older persons. The report has a national scope, covering the entire geographical area of Belgium. The report includes: - Long-term projections of social expenditures up to 2070. - Evaluation of pension sustainability and poverty risk among older persons. - Scenarios based on demographic and economic assumptions. - Consideration of the COVID-19 impact on economic and social factors. As of the 2021 report, the long-term economic consequences of the COVID-19 crisis seem more limited than initially expected. Specific milestones include periodic assessments of the poverty risk among older persons and adjustments to social policies to ensure sustainability.