The rapid aging of China's population over the next few decades makes it important for a new pension system with broad … and adequate coverage to be put in place quickly. Pension reforms, first initiated in 1997, have become bogged down in … difficulties over dealing with the "legacy costs" associated with the relatively more generous benefits provided under the old …

This paper analyzes the performance of the Bulgarian private defined contribution pensions in the second and third … pillars of the pension system. …

Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic …

The Selected Issues paper of the Netherlands provides an overview of the Dutch pension system. It examines the … strengths and weaknesses of the existing bargaining model, compares the Dutch wage bargaining in different periods, examines the … past macroeconomic performance of the Netherlands, addresses the issues of wage dispersion and differentiation, and …

-term fiscal objectives. The recent pension reform will ensure long-term sustainability of the pension system. The creation of the …

The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management … practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system … identifies remaining weaknesses, in regard to information disclosure, the governance framework and pension fund management …

This Selected Issues Paper discusses the macroeconomic implications of pension reforms in Brazil. It assesses …