December 2025
15Dec

Luxembourg’s Pension Outlook: Strong Forecasting Today, Hard Reform Choices Ahead

A study on the IMF's December 2025 Technical Assistance Report on Luxembourg's pension projections offers a detailed examination of how reliably the country has been forecasting the financial future of its public pension system. Prepared by the International Monetary Fund's Fiscal Affairs Department in cooperation with Luxembourg's General Inspectorate of Social Security (IGSS), the national statistical institute STATEC, and within the EU framework coordinated by the Ageing Working Group (AWG), the report reflects a collaborative, evidence-based effort to assess...

December 15, 2025
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April 2025
29Apr

Innovation, skills and reform of the pension system key to Luxembourg’s strong growth and public finances

Luxembourg has the highest GDP per capita among the 38 OECD countries and low public debt. To maintain strong economic growth and public finances, policies should now focus on boosting innovation and skills and securing the sustainability of the pension system for future generations, according to a new OECD report. The latest OECD Economic Survey of Luxembourg says that GDP growth is projected to pick up from 1.0% in 2024 to 2.1% in 2025 and 2.3% in 2026. Headline consumer price inflation is...

April 29, 2025
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14Apr

Adding the impact investing dimension to Luxembourg’s sustainable finance

“We were set up with the mission of helping the financial sector transition towards sustainability,” says Nicoletta Centofanti, CEO of the Luxembourg Sustainable Finance Initiative (LSFI) who opens our conversation explaining the origins of the organisation, which with the support of its Impact Investing Advisory Board (IIAB), became a national partner of GSG Impact in December last year. “We are a centre of excellence and knowledge hub on sustainable finance and aim to unlock the sector’s potential, channel more capital...

April 14, 2025
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April 2024
01Apr

Luxembourg: EU Blue Card: New Increased Thresholds For Minimum Salary

A recent regulatory update may impact your strategy for recruiting international talent. On 20 March 2024, the regulation of 15 March 2024 setting the gross average annual salary needed to calculate the minimum salary level for a highly qualified worker 1 was published in mémorial A123 (the "Regulation"). It adjusts the annual threshold for the minimum salary required for highly qualified third-country workers who want to work in Luxembourg with an EU Blue Card. Key points From an immigration perspective, third-country...

April 1, 2024
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May 2022
04May

Luxembourg. Number working beyond retirement age doubles in decade

The number of people continuing to work beyond retirement age in Luxembourg has doubled in the last decade, according to figures released in response to a parliamentary question on Monday, after reforms aimed at incentivising older workers to stay in the labour market. Luxembourg's official retirement age is 65, but people can take early retirement at 57 or 60, depending on their level of contributions. The number of people continuing to work after receiving pension payments increased sharply in both...

May 4, 2022
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February 2020

28Feb

Poverty Reduction Among Older People Through Pensions: A Comparative Analysis

By Olaf van Vliet, Koen Caminada, Kees Goudswaard, Jinxian Wang Given the ageing of the populations in many Western countries, older people constitute an important group in the analysis of poverty. In this chapter, we examine the poverty incidence among older people across LIS countries, relying on data from the Luxembourg Income Study. The data show that poverty rates are substantially reduced by redistribution via tax/benefit systems (mainly via pension benefits). Furthermore, the data show that old-age poverty rates...

February 28, 2020
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