All in all, the reform strengthened the link between contributions and benefits and decreased the generosity of pensions. Further reforms in 2011 and 2012 were legislated in order to contain pension expenditure.
These included: (i) abolition of the 13th and 14th pensions for all pensioners ; (ii) a freeze on nominal pensions up to 2016; (iii) pension cuts affecting monthly amounts over € ; and (iv) an increase in early and statutory retirement ages to 62 and 67 years, respectively.