the fiscal consequences of aging will require increasing the retirement age to 65 years, followed by further increases to …

performance and the macroeconomic implications of remittances. It then looks at the sustainability of pension systems, financial …

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the … challenge is generally to contain future increases in public pension spending as the population ages. In emerging market … economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced …

This Selected Issues paper reviews developments during 2001–02 in the Belarusian pension system, and discusses … potential short- and medium-term reforms needed to put pension system finances on a sustainable path. The paper presents a short … overview of demographic trends and developments in Belarus and their impact on the pension system. It discusses the financial …

This paper studies the financial sustainability of the Albanian pension fund and assesses possible options for its … reform. The paper concludes that the pension fund is not sustainable in its current form and proposes for the urban scheme a … and strengthening the financial performance of the pension fund. In addition, it proposes the establishment of a voluntary …

The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper … heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in … retirement. …

This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper …