Pension Regimes and Saving
September 10, 1997
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Public pension systems around the world have been criticized in recent years for some serious flaws, including the excessive burden they impose on the public finances and their depressing impact on saving rates. This study analyzes the impact of pension systems and pension reform on saving, paying particular attention to the impact of the introduction of defined-contribution plans like that of Chile. It also surveys the literature on the impact of pension regimes on saving, discusses some recent reforms, and addresses the role of private pension plans.
Subject: Aging, Expenditure, Labor, National accounts, Pension spending, Pensions, Population and demographics, Private savings, Retirement
Keywords: Africa, Aging, Baltics, company pension plans, Eastern Europe, OP, pension saving, Pension spending, Pensions, Private savings, private sector saving, rate, Retirement, saving, saving rate, savings vehicle, voluntary saving, work history
Pages:
52
Volume:
1997
DOI:
Issue:
006
Series:
Occasional Paper No. 1997/006
Stock No:
S153EA0000000
ISBN:
9781557756404
ISSN:
0251-6365
