Seminar paper from the year 2011 in the subject Politics - Other International Politics Topics, grade: 1,3, University of Bremen, language: English, abstract: Content 1. Abstract …........................................................................................................ 2 2. The OMC – An Overview …............................................................................ 3 2.1. The Open Method of Coordination –Decentralized Coordination …... 3 2.2. The Actors Involved …......................................................................... 6 3. The OMC and the Old-Age Security System .................................................. 7 3.1. Bismarck vs. Beveridge ….................................................................... 7 3.2. Different Approaches on the Old-Age Security Issues …..................... 8 4. Examples of Pension Systems …..................................................................... 10 4.1. Germany …........................................................................................... 10 4.2. Sweden …............................................................................................. 12 5. Conclusion …................................................................................................... 13 6. References ….................................................................................................. 14 1