This paper discusses design errors in public pension systems, using Hungary as an illus-tration. When the communist political and economic system was replaced by democracy and market economy, the subsequent governments had even greater difficulties in designing consistent pension reforms than...

Retirements at risk / Alicia H. Munnell -- Expanding participation in America's workplace retirement system / Gary Burtless -- Financial market turbulence and social security reform / Gary Burtless -- The plan to save American workers' retirements / Teresa Ghilarducci -- Learning from...

Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension determination than in tax determination. Apart from some simulation studies, theoretical studies of optimal tax design typically contain neither a mandatory pension system nor...