Reforming pensions is one of the biggest challenges of the century. All OECD countries have to adjust to the ageing of their populations and re-balance retirement income provision to keep it adequate and ensure that the retirement income system is financially sustainable. Demographers have been...

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...

Neuere Untersuchungen zeigen, dass Lohnunterschiede zwischen den Geschlechtern zunehmen. Friederike Maier, Hochschule für Wirtschaft und Recht Berlin, betont, dass nach Angaben des Statistischen Bundesamts im Vergleich von erwerbstätigen Männern und Frauen weiterhin eine große Lohnlücke...

• There are benefits from Latin American pension reform, but they have been overestimated. • The approaches taken in second-generation reforms and their still early results hold lessons for OECD and non-OECD countries alike. • A partial shift to funding is feasible and can be financed in...

1. Economists and policymakers increasingly use the word “actuarial” in the analysis of pension systems and retirement incentives. But the debate is often confused. “Actuarial fairness” and “actuarial neutrality” are promoted loosely as desirable goals of pension reform. This paper...

<OL><LI>In most OECD countries, the structure of the pension system does not give much potential for individual choice. The Swiss pension system is a particularly interesting case in this respect. Switzerland relies heavily on privately-managed, fully-funded pensions, which employers are obliged to...</li></ol>

Die Studie über die sozialen Auswirkungen von Wirtschaftskrisen und Strukturanpassungspolitik in Argentinien, Bolivien, Chile, Peru und Uruguay hat gezeigt, daß undifferenzierte staatliche Abgabenkürzungen unter den gegenwärtigen Rahmenbedingungen in den sozialen Sektoren die Probleme noch...

• Les réformes des régimes de retraite en Amérique latine ont eu des effets bénéfiques, cependant surestimés. • Tous les pays, Membres ou non Membres de l'OCDE, peuvent tirer profit des approches et des premiers résultats des réformes de « deuxième génération ». • Une...

Germany's pension system was originally designed as a scaled premium system. It formally became a pay-as-you-go system in 1957. Participation in the system is mandatory for all dependent employees and only some groups of self-employed. The system is greatly fragmented in terms of institutions,...