{
  "title": "Pension Regimes and Saving",
  "publication": "Occasional Papers, September 10, 1997",
  "sourceUrl": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/pension-regimes-and-saving-2312",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Public pension systems around the world have been criticized for serious flaws, including:\n  - the excessive burden they impose on the public finances\n  - their depressing impact on saving rates\n- The study:\n  - analyzes the impact of pension systems and pension reform on saving\n  - pays particular attention to the impact of the introduction of defined-contribution plans like that of Chile\n  - surveys the literature on the impact of pension regimes on saving\n  - discusses some recent reforms\n  - addresses the role of private pension plans"
    },
    {
      "heading": "Authors and Publication Date",
      "content": "- By Alfredo Cuevas, George A Mackenzie, Philip R. Gerson\n- September 10, 1997"
    },
    {
      "heading": "Major Themes and Analysis",
      "content": "- Impact on public finances:\n  - Public pension systems impose an excessive burden on public finances (as stated in the study summary).\n- Impact on saving rates:\n  - Pension systems are described as having a depressing impact on saving rates.\n- Defined-contribution plans:\n  - The study pays particular attention to the impact of introducing defined-contribution plans, exemplified by Chile.\n- Literature survey and recent reforms:\n  - The study surveys existing literature on pension regimes and saving and discusses some recent reforms.\n- Role of private pension plans:\n  - The study addresses the role of private pension plans in the broader pension regime and saving context."
    },
    {
      "heading": "Subjects and Keywords",
      "content": "- Subject: Aging, Expenditure, Labor, National accounts, Pension spending, Pensions, Population and demographics, Private savings, Retirement\n- 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\n\n---\n\n\nSource: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/pension-regimes-and-saving-2312"
    }
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    "Authors: Alfredo Cuevas, George A Mackenzie, Philip R. Gerson",
    "Published: September 10, 1997",
    "Series: Occasional Papers",
    "DOI: https://doi.org/10.5089/9781557756404.084",
    "Public pension systems around the world have been criticized for serious flaws, including:",
    "The study:",
    "By Alfredo Cuevas, George A Mackenzie, Philip R. Gerson",
    "September 10, 1997",
    "Impact on public finances:",
    "Impact on saving rates:",
    "Defined-contribution plans:",
    "Literature survey and recent reforms:",
    "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"
  ],
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