, which are both pay-as-you go (PAYG) financed. Two stylised PAYG pension schemes are modelled and simulated to compare their … two schemes are compared. Different policy reforms (increasing the contribution rate, diminishing the pension benefit …, changing the up-rating and increasing the retirement age) to cope with the ageing shock are analysed and compared …

This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European … Countries on the deficit and implicit debt of their full pension systems. The paper seeks to answer the following questions: i …) what is the impact on the sustainability of Poland’s pension system of the decrease in the pension contribution going to …

Demographic developments are unfavourable for the financing of pension schemes in most OECD countries, implying … continued growth in pension expenditure in virtually all OECD countries. This paper examines the vulnerability of pension … flanking policies which could underpin successful pension reforms are examined. Automatic adjustment mechanisms are highlighted …

urban areas. Very different pension arrangements exist across the country, with diverse and segmented systems in urban areas …, belated retirement and low replacement ratios in rural areas, and special rules governing public sector pensions. Labour … mobility is impeded by some of features of the current pension system, not least limited benefit portability. Various reforms …

recent introduction of mandatory second-pillar pension saving. But this reform has also raised questions about the structure …

from a relatively high tax wedge on lowskill workers, as would the elimination of poverty traps in the pension system …’élimination des trappes à pauvreté que crée le système de pension devrait avoir le même effet. Des mesures visant à accroître la …