The transition from central planning in Central and Eastern Europe has resulted in a decline in social security. Transformation of Pension Systems in Central and Eastern Europe provides an in-depth examination of systems of social protection for the elderly.The authors begin by analysing the urgent measures required to respond to a changing economic system. They also consider the fundamental questions of redesigning old-age financial security which is embedded in an international debate on pension reform, taking into account the political and economic factors from a comparative perspective. Covering the Baltic states, Poland, the Czech and Slovak Republics and Hungary, the development of pension security is traced from the late 1980s to the end of the 1990s. Using local pension experts with academic and administrative backgrounds, the country studies are characterized by a detailed and interdisciplinary perspective, and provide an economic, political, legal and institutional approach to pension systems development.