Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 1. Addressing Marginalization, Polarization, and the Labor Market

Front Cover -- Contents -- Preface -- Acknowledgments -- About the Authors -- Abbreviations -- Chapter 1. NDC: The Achievements and Challenges of Adulthood -- Part I Taking Stock -- Chapter 2. The Swedish NDC Scheme: Success on Track with Room for Reflection -- Chapter 3. The Latvian NDC Scheme: Success under a Decreasing Labor Force -- Chapter 4. The Italian NDC Scheme: Evolution and Remaining Potholes -- Chapter 5. The Polish NDC Scheme: Success in the Face of Adversity -- Chapter 6. The Norwegian NDC Scheme: Balancing Risk Sharing and Redistribution -- Chapter 7. The Greek Pension Reforms: Crises and NDC Attempts Awaiting Completion -- Part II Conceptualization and Promotion -- Chapter 8. NDC: The Generic Old-Age Pension Scheme -- Chapter 9. The ABCs of NDCs -- Part III Adjoining Zero Pillar with DC Schemes -- Chapter 10. Sweden: Adjoining the Guarantee Pension with NDC -- Chapter 11. Chile's Solidarity Pillar: A Benchmark for Adjoining a Zero Pillar with Defined Contribution Schemes -- Part IV The Challenges of Longevity -- Chapter 12. Overview of Heterogeneity in Longevity and Pension Schemes -- Chapter 13. Annuities in (N)DC Pension Schemes: Design, Heterogeneity, and Estimation Issues -- Chapter 14. NDC Schemes and Heterogeneity in Longevity: Proposals for Redesign -- Part V Accommodating Labor Market Change -- Chapter 15. NDC Schemes and the Labor Market: Issues and Options -- Chapter 16. Labor Market Participation and Postponed Retirement in Central and Eastern Europe -- Boxes -- Box 7.1 Recalibration of pensions-in-payment: A primer -- Box 7.2 Outline of the proposed three-pillar system for Greece -- Box 8.1 Definition of DC and DB schemes and their distinguishing features -- Box 15.1 New policy directions in the labor market -- Figures -- Figure 2.1 Average retirement age, select countries, 1970-2013.