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This edition of the Pension Reform Primer examines the global trend in early retirement among rich and poorer countries …, the reasons for people retiring early, the burden of early retirement on the pension system, recent policy initiatives to … between early retirement and incentives in the pension system, a result confirmed by other international studies and by more …
Persistent link: https://www.econbiz.de/10012556539
retirement savings--most of it mandated by government. Government employees and private school teachers are obliged to … the partially funded National Pension Scheme (NPS). Employers must provide retirement allowances, a retirement cum … based on clear targets for the level of mandated retirement income or sustainable payroll tax burdens. They currently pay …
Persistent link: https://www.econbiz.de/10012558885
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Civil Servants Retirement Organization, the two main pension funds. Occupational funds and non- contributory regimes are … Servants Retirement Organization. Section 5 concentrates on the tax treatment o f retirement savings. Section 6 proposes a …
Persistent link: https://www.econbiz.de/10012559094
case of the private sector) replacement income for working people, and no regulatory protection for voluntary retirement … standards at retirement, while the lack of a regulatory environment for private savings, discourages maintaining private savings …
Persistent link: https://www.econbiz.de/10012559224
This report discuses Kazakhstan's pension system reform which is nearing the completion of the sixth year of its implementation. In addition to the need to address the design and operation of the payout phase of the pension system, the report finds two main areas in which changes and refinements...
Persistent link: https://www.econbiz.de/10012559291
emphasizing the role of privately-managed individual retirement accounts. Their experience offers a number of useful lessons for …
Persistent link: https://www.econbiz.de/10012556336
Notional accounts are designed to mimic a defined contribution plan, where the pension depends on contributions and investment returns. (For this reason, they are sometimes called notional, defined-contribution schemes). Pension contributions are tracked in accounts which earn a rate of return....
Persistent link: https://www.econbiz.de/10012556339
hoc interventions; attempting to further increase effective retirement age by reviewing early retirement rules and … eliminating gender differences in retirement ages. A continued slow increase of retirement ages for both genders should also be …
Persistent link: https://www.econbiz.de/10012557415