Similar Search Results

Assessing Chile's Pension System : Challenges and Reform Options

Evans, Christopher; Pienknagura, Samuel - 2022

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 …

Persistent link: https://www.econbiz.de/10013305547

Pension Reform Options in Chile : Some Tradeoffs

Santoro, Marika - 2017

In this paper, we study the macroeconomic impact of pension reform options in Chile, using a dynamic general … individual accounts and to increase the support of solidarity pensions. We model increased contributions as a labor tax. We find … improve future pensions or a reform package funded by a mix of higher contributions and indirect taxes …

Persistent link: https://www.econbiz.de/10012956497

Reforming the Public Pension System in the Russian Federation

Eich, Frank - 2012

Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia in the absence of reforms, quantifies the impact of some recent proposals, and suggests some alternatives that would ensure public pension benefits - relative to wages - not fall...

Persistent link: https://www.econbiz.de/10013098606

Informality and the Challenge of Pension Adequacy : Outlook and Reform Options for Peru

Freudenberg, Christoph - 2019

the next 30 years and simulate the impact of various reform scenarios on the average level and distribution of pensions …

Persistent link: https://www.econbiz.de/10012865831

Reforming the Greek Pension System

Kangur, Alvar; Kalavrezou, Niki; Kim, Daehaeng - 2022

The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation, pushback by vested interests, and court rulings leading...

Persistent link: https://www.econbiz.de/10013306775

Demographics, Pension Systems and the Saving-Investment Balance

Chai, Hua - 2019

This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...

Persistent link: https://www.econbiz.de/10012895118

A Framework for the Analysis of Pension and Unemployment Benefit Reform in Poland

Perraudin, William R. M. - 2008

This paper examines the impacts on welfare, savings, labor supply, and the government budget of several possible reforms of the Polish pension and unemployment benefit systems. The framework of analysis is a life cycle simulation model of household consumption, labor supply and retirement...

Persistent link: https://www.econbiz.de/10012774287

Reform Options for Mature Defined Benefit Pension Plans : The Case of the Netherlands

Gérard, Marc - 2019

The Netherlands has been operating fully funded, defined benefit second pillar pension schemes that have consistently ranked high worldwide for delivering high replacement rates while featuring strong solidarity among members. Yet the long-term sustainability of the Dutch pension funds has been...

Persistent link: https://www.econbiz.de/10012892920

Long-Run Biological Interest Rate for Pay-as-You-Go Pensions in Advanced and Developing Countries

Nozaki, Masahiro - 2017

relatively high, indicating a potential to use a pay-as-you-go scheme to expand the coverage of public pensions. Raising the …

Persistent link: https://www.econbiz.de/10012956469

Self-Employment and Support for the Dutch Pension Reform

Karpowicz, Izabela - 2019

The Netherlands' pension system is characterized by high participation rates, adequate retirement income, strong capitalization and sustainability. Pressure points are arising, however, due to population aging and untransparent intergenerational transfers inherent in the system. Moreover, the...

Persistent link: https://www.econbiz.de/10012888763