Author: U.S. President's Commission on Pension PolicyPublisher:
ISBN:
Category :
Languages : en
Pages : 75
Book Description
Working Papers - an International Comparison of Pension Systems
Author: U.S. President's Commission on Pension PolicyPublisher:
ISBN:
Category :
Languages : en
Pages : 75
Book Description
An International Comparison of Pension Systems
Author: Barbara Boyle TorreyPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 116
Book Description
Assessing Chile's Pension System: Challenges and Reform Options
Author: Samuel PienknaguraPublisher: International Monetary Fund
ISBN: 151359611X
Category : Business & Economics
Languages : en
Pages : 52
Book Description
Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.
An International Comparison of Pension Systems
Author: Barbara Boyle TorreyPension Reform and the Development of Pension Systems
Author: Emily S. AndrewsPublisher: World Bank Publications
ISBN: 0821365525
Category : Business & Economics
Languages : en
Pages : 198
Book Description
"Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."
An International Comparison of Pension Systems
Author: Barbara Boyle TorreyPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 116
Book Description
OECD Reviews of Pension Systems: Portugal
Author: OECDPublisher: OECD Publishing
ISBN: 9264313737
Category :
Languages : en
Pages : 166
Book Description
This review builds on the OECD’s best practices in pension design and provides policy recommendations on how to improve the Portuguese pension system, detailing the Portuguese pension system and its strengths and weaknesses based on cross-country comparisons. The Portuguese pension system ...
Reforming the Greek Pension System
Author: Mr. Alvar KangurPublisher: International Monetary Fund
ISBN: 1513588842
Category : Business & Economics
Languages : en
Pages : 26
Book Description
The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation, pushback by vested interests, and court rulings leading to reversals. A series of reforms introduced throughout 2015–17 unified benefit and contribution rules, removed several distortions and reduced fragmentation and costs. If fully implemented throughout the long-term, these reforms can go a long way towards enhancing the pension system affordability. However, reforms faced setbacks and fell short of creating stronger incentives to build long contribution histories, to deliver sustainable growth by improving the fiscal policy mix, and to ensure fairness and equitable burden sharing across generations and interest groups. Policy priorities should aim towards fully implementing the 2015–17 reforms and complementing them with additional reforms to address these remaining objectives.
Pensions at a Glance 2019 OECD and G20 Indicators
Author: OECDPublisher: OECD Publishing
ISBN: 9264876103
Category :
Languages : en
Pages : 224
Book Description
The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.
International Comparison of Pension Systems
Author: Hongmu LeePublisher: Springer Nature
ISBN: 9811964467
Category : Business & Economics
Languages : en
Pages : 515
Book Description
This book is about retirement income security. This income security is provided by national public pensions, corporate pensions, and individual and reverse mortgages. However, these systems vary greatly from country to country and, in many countries, do not provide sufficient coverage. Ensuring income security in old age is an important issue that must be resolved in the rapidly aging environment of the world. From the perspective of financial consumers, this book cross-sectionally surveys public pensions, corporate pensions, individual pensions and reverse mortgages and compares them among many important nations. This gives many implications from the perspective of designing an overall income security for each individual. In addition, it presents many of the issues needed for these sustainable and comprehensive income security.