This article proposes a notional defined contribution (NDC) mechanism to ensure pension mobility for the 150 million migrating workers in China during both the accumulation and drawdown phases. Planned governance would ensure independence from the three existing pension systems. An appropriately...

Variations among the diverse pension systems in the member states of the European Union (EU) hamper labor market mobility across national borders and also among firms within the countries of the EU. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues...

The study identifies three groups of problems in the Lithuanian pension environment: fiscal problems, poverty of retired people, and problems related to working and saving incentives. The future of the current pension system is suspect, as the population share of the elderly is increasing and...