Luxembourg: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper provides a quantitative assessment of the long-term prospects of the Luxembourg pension system and analyzes possible reform options. The results indicate a need to adopt—at an early stage and while the problems are still relatively tractable—measures to dampen the growth of pension expenditure. Otherwise, there is a risk that rising taxes or deficits could have detrimental effects on incentives for work, investment, and innovation, and result in an unsustainable slowdown of economic growth.
Series:
Country Report No. 1998/067
Subject:
Aging Expenditure Labor Labor force participation Pension spending Pensions Population and demographics Retirement
English
Publication Date:
September 4, 1998
ISBN/ISSN:
9781451824247/1934-7685
Stock No:
1LUXEA0011998
Pages:
20
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