Past Events

Political Economy Lessons from Italian Pension Reform

April 15, 2017

Elsa Fornero is Italy's former Assistant Secretary of Labor.

Elsa Fornero

She presented, "Political Economy Lessons from Italian Pension Reform," at SCEPA's Retirement Equity Lab's (ReLab) Political Economy of Aging workshop on September 25, 2015. Ugo Ascoli, Professor of Economic Sociology at the Polytechnic University of Marche (Ancona) and Visiting Scholar at City University of New York led the discussion.

Elsa Fornero, Professor of Economics at Università di Torino, is an internationally recognized expert on pensions and welfare. As Italy's Minister of Labor from November 2011 to April 2013, she introduced sweeping reforms of the Italian pension system, moving it from a pay-as-you-go system to a National Defined Contribution (NDC) system.

The Political Economy of Aging workshops are a forum for academics and practitioners to share and engage in cutting edge research in social policy and the political economy of aging. The series is designed to forge interdisciplinary connections and leverage grant opportunities in the field of aging.

The Political Economy of Aging Workshops are sponsored by SCEPA's Retirement Equity Lab (ReLab). SCEPA's Retirement Equity Lab, led by economist and retirement expert Teresa Ghilarducci, researches the causes and consequences of the retirement crisis that exposes millions of American workers to experiencing downward mobility inretirement. As a result, SCEPA has developed a policy proposal known as Guaranteed Retirement Accounts (GRA) to provide stable pensions to the 63 million workers who currently have none.