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For decades, pension systems were based on the rising revenue generated by an expanding population (demographic dividend). As changes in fertility and longevity created new population structures, however, the dividend disappeared, but pension systems failed to adapt. They are kept solvent by...
Persistent link: https://www.econbiz.de/10011417389
This paper presents a simulation framework developed to assess the impact of ageing on the financial sustainability of …
Persistent link: https://www.econbiz.de/10012630056
-as-you-go system while ensuring financial sustainability and accounting for changes in life expectancy. This implies that the value of …
Persistent link: https://www.econbiz.de/10012111056
This article examines recent pension reforms in OECD countries. All countries are facing the challenge of designing both financially and socially sustainable pension policies in a context of weak economic growth, low financial returns and ageing populations. In some cases, countries have been...
Persistent link: https://www.econbiz.de/10010520328
PART I: INTRODUCTION -- Ch. 1. The National Pension Systems and Financial Consumers: An international comparative perspective on the key linkages -- PART II: COUNTRY CHAPTERS Countries with pension systems at a mature stage -- Ch. 2 - Retirement Income Security in the United States:An Overview...
Persistent link: https://www.econbiz.de/10013461578
, secure liveable pensions, and safeguard the system’s fiscal sustainability. …
Persistent link: https://www.econbiz.de/10015082059
systems, with an emphasis on financial sustainability and adequacy. Policy trade-offs and complementarities are reviewed and …
Persistent link: https://www.econbiz.de/10012269817
The aim of this chapter is to review the main instruments and indicators used to measure the sustainability of PAYG … that each of them has. It will also be necessary to review the different types of sustainability instruments, for example … review which countries publish official pension system sustainability data and what kind of indicators they choose. We will …
Persistent link: https://www.econbiz.de/10012207206
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