Pension Reform and the Development of Pension Systems

Pension Reform and the Development of Pension Systems
Author: Emily S. Andrews
Publisher: World Bank Publications
Total Pages: 198
Release: 2006
Genre: Business & Economics
ISBN: 0821365525

"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."

Workable Pension Systems

Workable Pension Systems
Author: P. Desmond Brunton
Publisher: IDB
Total Pages: 469
Release: 2005
Genre: Pensions
ISBN: 1931003777

"Based primarily on papers delivered at Pension Reform in English-Speaking Caribbean Countries : an International Symposium and Policy Seminar, which was held June 4-6, 2003, at the Caribbean Development Bank's Conference Centre in Wildey, St. Michael, Barbados"--Acknowledgments.

Development Centre Studies The Second-Generation Pension Reforms in Latin America

Development Centre Studies The Second-Generation Pension Reforms in Latin America
Author: Queisser Monika
Publisher: OECD Publishing
Total Pages: 145
Release: 1998-09-30
Genre:
ISBN: 9264163611

This study provides a detailed description of all second-generation pension reforms in Latin America to date, evaluates the first years of operations of the new systems and outlines the problems and challenges which the systems are still facing.

The Challenge of Public Pension Reform in Advanced and Emerging Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies
Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
Total Pages: 86
Release: 2013-01-25
Genre: Business & Economics
ISBN: 147556631X

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

Civil Service Pension Reform in Developing Countries

Civil Service Pension Reform in Developing Countries
Author:
Publisher:
Total Pages: 82
Release: 2020
Genre:
ISBN:

This study examines reforms to civil service pension arrangements in a number of developing countries across Africa, Asia and Latin America. These arrangements are a significant component of public-sector remuneration in many developing countries and they can carry substantial risks, not only financial but also political and social. This study takes a long-term and systemic approach to civil service pensions, charting their evolution as part of a country's social protection provision and with reference to public-sector remuneration as well as broader institutional developments. It demonstrates the short- and long-term costs of these arrangements against spending on other social protection interventions, notably poverty-targeted social assistance. Through a series of case studies, it examines the motivation behind countries' decision to reform their civil service schemes, as well as the challenges they faced when undertaking these reforms and their overall impact. The study is intended to support countries planning to reform their civil service pension schemes by identifying key principles and specific policies they might consider in this process; it can also support governments not planning such reforms to better understand the financial dynamics of their civil service schemes.

Pension Reform and Capital Market Development

Pension Reform and Capital Market Development
Author: Dimitri Vittas
Publisher: World Bank Publications
Total Pages: 30
Release: 2000
Genre: Capital market
ISBN:

Private pension funds are neither necessary nor sufficient for capital market development. But if they are subject to conducive regulations, adopt optimizing policies, and operate in a pluralistic structure, they can have a large impact on capital market modernization and development once they reach a critical mass.