## Equitable and Sustainable Pensions: Challenges and Experience

_Books, March 8, 2014_

## Source details

**Canonical URL:** [Equitable and Sustainable Pensions: Challenges and Experience](https://www.imf.org/en/publications/books/issues/2016/12/31/equitable-and-sustainable-pensions-challenges-and-experience-40877)

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## Bibliographic details
- Authors: Benedict J. Clements, Frank Eich, Sanjeev Gupta
- Published: March 8, 2014
- Series: Books
- DOI: https://doi.org/10.5089/9781616359508.071

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### Overview and Rationale for Reform
- Public pensions often constitute a large share of government expenditure.
- Population aging means reforms would be needed just to keep pension spending from rising in the future.
- Low or falling pension coverage in many economies will leave large segments of the population without adequate income in old age and at risk of falling into poverty.
- A systematic analysis of equity issues in pension systems—and how countries have grappled with these issues—had not been undertaken prior to this volume.

### Key Issues Covered
- The effect of pension systems on intergenerational equity.
- The impact of pension reforms on poverty.
- The effects of pension reform measures on fiscal sustainability and equity.
- The fiscal consequences of achieving different equity goals.
- Country case studies illustrating reform experience and challenges.

### Intended Audience and Use
- Policymakers seeking guidance on pension reform design.
- Academic audiences interested in the latest research on equity and sustainability in pension systems.
- Users looking for lessons and challenges for the design of reforms in the post-crisis world.

### Subjects and Keywords
- Subjects: Aging, Expenditure, Labor, Pension reform, Pension spending, Pensions, Population and demographics, Retirement
- Keywords: Aging, Asia and Pacific, BOOK, contribution rate, country, East Asia, Eastern Europe, eligibility age, Europe, Global, government, income, old-age pension, pension, Pension reform, Pension spending, pension system, Pensions, replacement rate, Retirement, retirement age

*Source: Equitable and Sustainable Pensions: Challenges and Experience (IMF web landing page).*

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_Source: https://www.imf.org/en/publications/books/issues/2016/12/31/equitable-and-sustainable-pensions-challenges-and-experience-40877_