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For almost seven years now, since the Lisbon Summit in March 2000, Member States of the European Union have been involved in an original process of exchange of experience on social policy, inspired by the European Employment Strategy. With respect to pensions, in particular, the result has been a setting of common targets and the adoption in 2003 of a set of pension indicators to record progress achieved. The process, which aims to achieve gradual convergence of social protection systems while preserving national sovereignty, recently underwent radical reform after a refocusing of the Lisbon Strategy in 2005 and “rationalisation” with a view to merging the various “open methods of coordination” on social policy into a single process. This has had a considerable impact on the indicators used to measure the progress achieved by the European Union, especially pension indicators. This paper examines both methodological problems in the choice of common pension indicators, and more political issues influencing the strategies chosen to provide a balance picture of the common strategic targets of the 25 Member States with respect to pensions.