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Over the past decade or so, most Central and Eastern European countries have reformed their pension systems, significantly downsizing their public pillars and creating private pillars based on capitalization accounts. Early policy attention was focused on the accumulation phase but several...
Persistent link: https://www.econbiz.de/10011394570
This paper provides a comparative summary of the payout phase of pension systems in five countries - Australia, Chile, Denmark, Sweden, and Switzerland. All five countries have large pension systems with mandatory or quasi-mandatory retirement savings schemes. But they exhibit important...
Persistent link: https://www.econbiz.de/10011394582
The provision of annuities and other benefits during the decumulation phase of defined contribution (DC) pension plans raises major policy issues. Because private markets for annuities and disability benefits are not well developed even in the most advanced OECD countries, the resolution of...
Persistent link: https://www.econbiz.de/10010524260
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This paper provides a comparative summary of the payout phase of pension systems in five countries -- Australia, Chile, Denmark, Sweden, and Switzerland. All five countries have large pension systems with mandatory or quasi-mandatory retirement savings schemes. But they exhibit important...
Persistent link: https://www.econbiz.de/10012976565
Over the past decade or so, most Central and Eastern European countries have reformed their pension systems, significantly downsizing their public pillars and creating private pillars based on capitalization accounts. Early policy attention was focused on the accumulation phase but several...
Persistent link: https://www.econbiz.de/10012976583
Over the past decade or so, most Central and Eastern European countries have reformed their pension systems, significantly downsizing their public pillars and creating private pillars based on capitalization accounts. Early policy attention was focused on the accumulation phase but several...
Persistent link: https://www.econbiz.de/10012551495