Pension Reform and Simplification
Author | : United States. Congress. House. Committee on Small Business |
Publisher | : |
Total Pages | : 242 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : |
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Author | : United States. Congress. House. Committee on Small Business |
Publisher | : |
Total Pages | : 242 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : |
Author | : Samuel Pienknagura |
Publisher | : International Monetary Fund |
Total Pages | : 52 |
Release | : 2021-09-10 |
Genre | : Business & Economics |
ISBN | : 151359611X |
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.
Author | : Robert Holzmann |
Publisher | : World Bank Publications |
Total Pages | : 692 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : 082136166X |
This book presents 25 state of the art papers on the conceptual foundations and issues surrounding Non-financial, or Notional, Defined Contribution (NDC), country implementation of NDC (Italy, Latvia, Poland, and Sweden) and case studies for countries where NDC is figured in the reform debate. This book is intended to be a handbook for academics and policy makers who want to become informed about what NDC is and to learn about the pros and cons of this attractive reform proposal.
Author | : Christina Benita Wilke |
Publisher | : Peter Lang |
Total Pages | : 216 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 9783631588512 |
The German pension system was the first formal pension system in the world, designed by Bismarck nearly 120 years ago. It has been very successful in providing high and reliable pension levels at reasonable contribution rates. While the generosity of the German pension system is considered a great social achievement, negative incentive effects of past reforms in the 1970s and 1980s and population aging are threatening the very core of the system. This has led to fundamental pension reforms since 1992. Based on a detailed simulation model of the German pension system, this book provides a thorough assessment of the system and its reforms. It shows that the latest reforms have put the system back onto a stable path and moved it from the old monolithic towards a multi-pillar system.
Author | : United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures |
Publisher | : |
Total Pages | : 588 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Finance |
Publisher | : |
Total Pages | : 248 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits |
Publisher | : |
Total Pages | : 110 |
Release | : 1978 |
Genre | : Government paperwork |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits |
Publisher | : |
Total Pages | : 580 |
Release | : 1977 |
Genre | : Pension trusts |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Labor |
Publisher | : |
Total Pages | : 1076 |
Release | : 1982 |
Genre | : Government publications |
ISBN | : |
Author | : Great Britain: Parliament: House of Commons: Work and Pensions Committee |
Publisher | : The Stationery Office |
Total Pages | : 256 |
Release | : 2007-07-26 |
Genre | : Political Science |
ISBN | : 9780215035509 |
Benefits Simplification : Seventh report of session 2006-07, Vol. 2: Oral and written Evidence