A Case for Partial Funding of Pensions with an Application to the EU Candidate Countries.

The paper examines the effects of ageing and makes a case for partial pre-funding of pensions. The argument is based on inter-generational fairness in a situation where pension expenditure as compared to wages increases due to low fertility and increasing longevity. we illustrate the approach by using data representing a typical EU Candidate Country of Central and Eastern Europe with a relatively high pension replacement rate.

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Year of publication:	2001
Authors:	Oksanen, H.
Institutions:	Directorate-General Economic and Financial Affairs, European Commission
Subject:	PENSION SYSTEM REFORM \| AGEING \| WAGES

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Series:	European Economy - Economic Papers.
Type of publication:	Book / Working Paper
Notes:	49 pages
Classification:	H55 - Social Security and Public Pensions ; I3 - Welfare and Poverty ; J18 - Public Policy ; J26 - Retirement; Retirement Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005641301