Posted To:	Treatment of Pension Schemes in  | View Thread
Subject:	Old Age Provisions and Old Age Institutions
Posted By:	Gabe H. de Vries on 8/19/2003 4:04:07 PM
Pension provisions and the national structure of organizing these pension schemes to the country?s population diverge in many respects between countries. Even within the European Union large differences exist. Some countries could be characterized by organizing these provisions to a large degree on a funded basis (esp. United Kingdom and The Netherlands) whereas others have organized their pension system largely on a pay-as-you go basis. This note describes the Dutch old age pension system in the context of the SNA/ESA. The first chapter gives the general structure of old age provisions. The three chapters to follow discuss the three core elements of pension provisions: the content of the old age scheme; the pension institution; and the entity managing/administrating the pension institution. Chapter 5 discusses the structure of the Dutch old age system. Chapter 6 deals with the classification of the Dutch schemes and institutions according to the SNA/ESA. Chapter 7 discusses some peculiar classes of transactions: pension funds reinsurance transactions and transfers of pension entitlements/rights. Gabe H. de Vries is a consultant. The author of this contribution to the discussion group on this site bears the sole responsibility for both the substance and the style of the contents. The purpose of the discussion group is to elicit comments and to promote debate on specific topics. As such, the views expressed on any of the issues raised are not to be attributed to the IMF.
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