1. Forward Look Project of the European Science Foundation “Ageing, Pensions and Health” Goal: help to shape the European research agenda in the next 10 years Lans Bovenberg, Arthur van Soest

2. Scientific and Policy Relevance Policy: turn ageing from threat into an opportunity Lisbon agenda: Europe leading the world Protect human resources Encourage financial and social innovation Reinvent retirement, health care, income provisions Research: exploit European diversity to our advantage To uncover causal links To create European Research Area (ERA): links across countries and disciplines To stimulate mobility of researchers and ideas This implies a need for data and other infrastructures

3. Five Fields Studying Overlapping Sets of Issues: Micro-economics of ageing Sociology and psychology of ageing Health economics Finance Public policy & macro-economics In this Forward Look, insights from these disciplines are combined and research topics are addressed from several disciplines

4. Three Broad Themes Point of departure: decisions at the micro level (individuals, households, firms, ….) Organized along three themes: Labour market issues Income security at an older age Well-being of the elderly

5. Activities of the Forward Look (1) 10 Commissioned papers (3-4 per theme) structured as follows: Policy questions Major progress in understandings remaining gaps in knowledge: main challenges current state of play of European research infrastructures and networks Required research infrastructures, methodological innovations, data, networks etc and consequences for research policy What (and when) can we deliver on policy questions? Length: between 7,500 and 10,000 words

6. Activities of the Forward Look (2) Three workshops: Income security at an older age Turin, September 19, 2008 Well-being of the elderly Lausanne, October 24, 2008 Labour market issues Dublin, November 14, 2008 Final Conference: The Hague, April 22, 2009 Final report (& perhaps, follow-up proposal(s))

7. Papers Theme 1 (Labour Market Issues): “Employment at older ages - supply and demand factors,” Brendan Whelan, Amilcar Moreira and Asghar Zaidi “Pension systems and human capital,” Bas Jacobs “Labour force participation of older workers,” Arthur van Soest

8. Papers Theme 2 (Financial security): “Adequacy of saving for old age,” Elsa Fornero, Annamaria Lusardi, Chiara Monticone “Risk and portfolio choices,” Christian Gollier “Financial institutions and innovative products,” Lans Bovenberg and Theo Nijman

9. Papers Theme 3 (Well-being of the elderly): “Old age, health, long term care,” Alberto Holly “Social productivity and well-being,” Johannes Siegrist and Morten Wahrendorf “Social networks,” Martin Kohli & Harald Künemund “Regulation of psycho-social well-being,” Dieter Ferring and Pascalina Perrig-Chiello