The authors provide a detailed study of the Swiss pension system, analyzing its strengths and weaknesses. The unfunded public pillar is highly redistributive. It has near universal coverage, a low dispersion of benefits (the maximum public pension is twice the minimum), and no ceiling on...

Mit dem aktuellen Haushaltsentwurf 2024 von Bundesfinanzminister Christian Lindner und den geplanten Kürzungen im Bereich Familie ist eine heftige Debatte darum entbrannt, welche familienpolitischen Maßnahmen sinnvoll sind, wie sie wirken und welche Alternativen es überhaupt gibt. Die gute...

The design of new pension systems in African countries requires choices between defined benefit and defined contribution schemes, between funding or pay-as-you-go schemes, and between public and private management. But those choices are less important than the basic challenge of improving...

If China implements a partially funded multipillar pension system, that reform must go hand-in-hand with reform of the financial sector and restructured investment procedures that emphasize the right mix of competition, diversification, and regulation. Otherwise, pension reform will ultimately...

The authors provide a detailed study of the Swiss pension system, analyzing its strengths and weaknesses. The unfunded public pillar is highly redistributive. It has near universal coverage, a low dispersion of benefits (the maximum public pension is twice the minimum), and no ceiling on...