Adequate and Sustainable Pensions in a Low Interest Rate Environment | 11:25 AM - 12:10 PM, Thursday, June 10, 2021

Negative monetary policy interest rates have become the new normal with severe impact on pension funds.

  • What do the current rising inflation expectations and bond yields mean for pension funds and markets?
  • What is the impact of the Modern Monetary Theory (MMT) on the adequacy and sustainability of pensions?
  • Could the MMT finally lead to debt restructuring in the EU and what would be its consequence?
  • How to safeguard decent adequacy and sustainability of pensions in this new environment and continuously changing world?

Introduction: Jaap van Dam, Principal Director Investment Strategy, PGGM